Morgan Stanley (NYSE:MS) analyst Stephen Byrd maintained a Hold rating on Duke Energy on Monday, setting a price target of $107, which is approximately 8.72% above the present share price of $98.42.
Byrd expects Duke Energy to post earnings per share (EPS) of $1.79 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Duke Energy, with an average price target of $105.
The analysts price targets range from a high of $109 to a low of $100.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $6.95 billion and a net profit of $1.89 billion. The company's market cap is $75.72 billion.
According to TipRanks.com, Morgan Stanley analyst Stephen Byrd is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.7% and a 60.73% success rate.
Founded in 1904, North Carolina-based Duke Energy Corporation (NYSE:DUK) is an energy company which distributes natural gas and energy related services. It operates through three segments including, Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables.