Credit Suisse (SIX:CSGN) analyst Michael Weinstein W. maintained a Buy rating on Nextera Energy Partners (NYSE:NEP) on Wednesday, setting a price target of $87, which is approximately 7.51% above the present share price of $80.92.
Weinstein W. expects Nextera Energy Partners to post earnings per share (EPS) of $0.83 for the first quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Nextera Energy Partners, with an average price target of $86.22.
The analysts price targets range from a high of $96 to a low of $77.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $240 million and a net profit of $68 million. The company's market cap is $5.91 billion.
According to TipRanks.com, Credit Suisse analyst Michael Weinstein W. is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 40.6% and a 61.76% success rate.
NextEra Energy (NYSE:NEE) Partners LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America, as well as natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.