Wall Street is positive on NextEra Energy Inc (NEE). On average, analysts give the stock a Strong Buy rating. The average price target is $91, which means analysts expect the stock to rise 11.22% over the next twelve months. This average ranking gives the stock an analyst rating of 63, which is better than 63% of stocks based on data compiled by InvestorsObserver.
Why are analyst ratings important?
Fundamental research of a company’s underlying health can be an extremely useful resource when making investment decisions. Analysts watch companies’ growth prospects and earnings forecasts to get a comprehensive view of particular industries. This data allows traders to react before the figures are officially released.
InvestorsObserver takes notes from these analysts and ranks these averages into percentiles. This allows you to compare stocks in depth and in more detail than common buy/hold/sell quotes.
What’s going on with NextEra Energy Inc stock today?
NextEra Energy Inc (NEE) stock fell -0.05% while the S&P 500 rose 0.08% at 10:30 a.m. Wednesday, April 20. NEE is down -$0.04 from the previous closing price of $81.86 on volume of 1,187,108 shares. Over the past year, the S&P 500 has risen 8.00% while the NEE has risen 1.60%. NEE has earned $1.81 per share over the past 12 months, giving it a price-earnings ratio of 45.13. Click here for the full NextEra Energy Inc. stock report.
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