KeyBanc Capital Markets lifts Duke Energy Corp [DUK] price estimate. Who else is bullish?

Duke Energy Corp [NYSE: DUK] closed the trading session at $108.31.

The stocks have a year to date performance of 11.61 percent and weekly performance of 2.41 percent. The stock has been moved at 7.67 percent over the last six months. The stock has performed -5.82 percent around the most recent 30 days and changed -5.96 percent over the most recent 3-months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

If compared to the average trading volume of 3.47M shares, DUK reached to a volume of 2914534 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Duke Energy Corp [DUK]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DUK shares is $124.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DUK stock is a recommendation set at 2.18. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

KeyBanc Capital Markets have made an estimate for Duke Energy Corp shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on October 22, 2024. While these analysts kept the previous recommendation, Mizuho raised their target price from $116 to $121. The new note on the price target was released on October 15, 2024, representing the official price target for Duke Energy Corp stock. Previously, the target price had yet another raise to $138, while Jefferies analysts kept a Buy rating on DUK stock. On February 12, 2024, analysts decreased their price target for DUK shares from 105 to 96.

The Average True Range (ATR) for Duke Energy Corp is set at 1.71, with the Price to Sales ratio for DUK stock in the period of the last 12 months amounting to 2.77. The Price to Book ratio for the last quarter was 1.74, with the Price to Cash per share for the same quarter was set at 0.55.

DUK stock trade performance evaluation

Duke Energy Corp [DUK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.41. With this latest performance, DUK shares dropped by -5.82% in over the last four-week period, additionally plugging by 7.67% over the last 6 months – not to mention a rise of 11.97% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DUK stock in for the last two-week period is set at 39.87, with the RSI for the last a single of trading hit 40.49, and the three-weeks RSI is set at 40.91 for Duke Energy Corp [DUK]. The present Moving Average for the last 50 days of trading for this stock 113.44, while it was recorded at 108.24 for the last single week of trading, and 107.46 for the last 200 days.

Duke Energy Corp [DUK]: An insightful look at the core fundamentals

Duke Energy Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.45 and a Current Ratio set at 0.70.

Earnings per share (EPS) analysis for Duke Energy Corp [DUK] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DUK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Duke Energy Corp go to 6.25%.

Duke Energy Corp [DUK]: Institutional Ownership

There are presently around $67.37%, or 67.46%% of DUK stock, in the hands of institutional investors. The top three institutional holders of DUK stocks are: VANGUARD GROUP INC with ownership of 71.23 million shares, which is approximately 9.2383%. BLACKROCK INC., holding 58.48 million shares of the stock with an approximate value of $$5.86 billion in DUK stocks shares; and BLACKROCK INC., currently with $$3.83 billion in DUK stock with ownership which is approximately 4.9532%.