Jefferies Reaffirms Buy Rating on Duke Energy (DUK) with $133 Price Target.

Jefferies analyst Julien Dumoulin Smith reaffirmed a Buy rating on Duke Energy with a $133.00 price target. The analyst consensus is a Moderate Buy with an average price target of $132.08, a 12.46% upside from current levels. Duke Energy's market cap is $91.3B and has a P/E ratio of 19.59.

Jefferies analyst Julien Dumoulin Smith has reaffirmed a Buy rating on Duke Energy (DUK), raising the price target to $133.00. This reaffirmation comes amidst a broader analyst consensus that is currently Moderate Buy, with an average price target of $132.08 [1]. This represents an 11.65% upside from the current stock price of $117.93, indicating significant potential for growth.

The analyst highlights Duke Energy's strong financial performance and strategic initiatives, which position it solidly within the regulated electric industry. However, technical analysis and valuation suggest stability, while high leverage and cash flow challenges warrant attention. The positive earnings call and strategic partnerships further contribute to a strong growth outlook, influencing the overall score [1].

With a market capitalization of $91.3 billion and a P/E ratio of 19.59, Duke Energy offers a compelling investment opportunity. The company's earnings and sales forecasts indicate stability, with next quarter's earnings estimate at $1.22 and sales forecast at $7.46 billion [1]. Despite these promising figures, the analyst acknowledges the need to monitor high leverage and cash flow challenges.

In summary, Julien Dumoulin Smith's reaffirmation of a Buy rating on Duke Energy with a $133.00 price target underscores the analyst consensus and highlights the company's potential for growth. Investors should closely monitor Duke Energy's performance and address the mentioned challenges.

References:
[1] https://www.tipranks.com/stocks/duk/forecast