Duke Energy Corp (DUK) Stock AnalysisDUKStock AnalysisDuke Energy Corp

Duke Energy Corporation is an energy-holding company. The Company's segments include Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I). EU&I segment conducts operations primarily through the regulated public utilities of Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio. EU&I provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 8.7 million customers within the Southeast and Midwest regions of the U.S. GU&I segment conducts natural gas operations primarily through the regulated public utilities of Piedmont, Duke Energy Ohio and Duke Energy Kentucky. GU&I serves residential, commercial, industrial and power generation natural gas customers, including customers served by municipalities who are wholesale customers. It also purchases a diverse portfolio of transportation and storage services from interstate pipelines. It operates in the Utilities sector (ELECTRIC & OTHER SERVICES COMBINED industry).

Duke Energy Corp (DUK) is currently trading at $120.25, which is below the average analyst price target of $136. However, the stock has an RSI of 32.111, indicating it is oversold, and hedge funds have increased their buying activity by 445.36% over the last quarter. The main risk is the recent downgrade from Morgan Stanley, which lowered the price target to $133, suggesting potential downside.

17 analysts cover DUK: 3 rate it Buy, 12 Hold and 2 Sell. The average price target is 132.09.