Barclays (LON:BARC) analyst Eric Beaumont maintained a Hold rating on NextEra Energy Inc (NYSE:NEE). on Wednesday, setting a price target of $87, which is approximately 14.79% above the present share price of $75.79.
Beaumont expects NextEra Energy Inc. to post earnings per share (EPS) of $0.63 for the fourth quarter of 2020.
The current consensus among 12 TipRanks analysts is for a Strong Buy rating of shares in NextEra Energy, with an average price target of $76.17.
The analysts price targets range from a high of $85.5 to a low of $57.25.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $4.79 billion and a net profit of $1.02 billion. The company's market cap is $148.48 billion.
According to TipRanks.com, Barclays analyst Eric Beaumont is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -0.7% and a 58.25% success rate.
NextEra Energy, Inc. is an electric power and energy infrastructure company. It operates through the following segments: FPL & NEER. The FPL segment engages primarily in the generation, transmission, distribution and sale of electric energy in Florida. The NEER segment produces electricity from clean and renewable sources, including wind and solar. It provides full energy and capacity requirements services; engages in power and gas marketing and trading activities; participates in natural gas production and pipeline infrastructure development; and owns a retail electricity provider. The company was founded in 1984 and is headquartered in Juno Beach, FL.