Barclays Maintains an 'Equalweight' on Duke Energy (DUK); Updating Estimates After In-line Quarter
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Price: $70.19 -1.68%
Rating Summary:
6 Buy, 8 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 28 | New: 14
Rating Summary:
6 Buy, 8 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 28 | New: 14
Trade DUK Now!
Barclays maintains an 'Equalweight' on Duke Energy (NYSE: DUK) price target of $15.00.
Analyst, Ross L. Smotrich, said, "We are maintaining our FY2012 FFO estimate of $1.02ps; our operating FFO estimate of $1.04ps remains near the upper end of guidance ($0.98-$1.06ps versus $0.94-$1.06ps previously). We are lowering our 2013 FFO estimate a penny per share to $1.15ps. Our estimates imply a 10% YOY operating FFO decline in 2012, followed by 12% growth in 2013. We project 5% average annual operating FFO growth from 2011-2016 and 8% annual CAD growth."
For an analyst ratings summary and ratings history on Duke Energy click here. For more ratings news on Duke Energy click here.
Shares of Duke Energy closed at $66.06 yesterday, with a 52 week range of $18.20-$69.87.
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Analyst, Ross L. Smotrich, said, "We are maintaining our FY2012 FFO estimate of $1.02ps; our operating FFO estimate of $1.04ps remains near the upper end of guidance ($0.98-$1.06ps versus $0.94-$1.06ps previously). We are lowering our 2013 FFO estimate a penny per share to $1.15ps. Our estimates imply a 10% YOY operating FFO decline in 2012, followed by 12% growth in 2013. We project 5% average annual operating FFO growth from 2011-2016 and 8% annual CAD growth."
For an analyst ratings summary and ratings history on Duke Energy click here. For more ratings news on Duke Energy click here.
Shares of Duke Energy closed at $66.06 yesterday, with a 52 week range of $18.20-$69.87.
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