NextEra Energy (NEE) Receives a Buy from RBC Capital

In a report released on January 13, Shelby Tucker from RBC Capital maintained a Buy rating on NextEra Energy (NEE – Research Report), with a price target of $94.00. The company’s shares closed yesterday at $69.29.

Tucker covers the Utilities sector, focusing on stocks such as PG&E, Entergy, and NextEra Energy. According to TipRanks, Tucker has an average return of 8.2% and a 63.12% success rate on recommended stocks.

Currently, the analyst consensus on NextEra Energy is a Moderate Buy with an average price target of $86.36.

The company has a one-year high of $86.10 and a one-year low of $53.95. Currently, NextEra Energy has an average volume of 10.33M.

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NextEra Energy (NEE) Company Description:

NextEra Energy, Inc. is an energy company and is one of the largest electric power generators in the United States. Through its Florida Power & Light Company (FPL) business, the company provides clean, reliable and affordable electricity across Florida. NextEra Energy also owns a clean energy business, NextEra Energy Resources (NEER), which is the world’s largest generator of renewable energy from wind and sun. The company was founded in 1984 and based in Juno Beach, Florida.