Morgan Stanley Has Just Reaffirmed $174 Target Price Per Share on NextEra Energy (NYSE:NEE) stock, While They’ve Also Reiterated Their Overweight Rating

April 17, 2018 - By Michael Collier

NextEra Energy, Inc. (NYSE:NEE) Logo

Investors sentiment increased to 1.04 in Q4 2017. Its up 0.09, from 0.95 in 2017Q3. It is positive, as 36 investors sold NextEra Energy, Inc. shares while 405 reduced holdings. 112 funds opened positions while 347 raised stakes. 340.36 million shares or 1.17% less from 344.40 million shares in 2017Q3 were reported.

Raab And Moskowitz Asset Mngmt Limited Liability Co invested 0.35% in NextEra Energy, Inc. (NYSE:NEE). Wealthcare, a Virginia-based fund reported 17 shares. Lenox Wealth Advsrs invested in 46 shares. Northeast Inv reported 4,430 shares. Pittenger Anderson accumulated 0.38% or 27,972 shares. 4,588 are owned by Karpas Strategies Ltd Liability Com. Credit Suisse Ag accumulated 1.31M shares. Washington Trust Bancorporation owns 32,983 shares. Cullen Frost Bankers has 0.19% invested in NextEra Energy, Inc. (NYSE:NEE) for 39,399 shares. Davis R M stated it has 0.01% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). 125,516 are held by Lomas Cap Mngmt Lc. Great Lakes Advisors Ltd Com accumulated 15,857 shares or 0.05% of the stock. State Teachers Retirement Systems invested in 780,171 shares or 0.29% of the stock. Etrade Cap Mngmt Ltd has 28,471 shares for 0.14% of their portfolio. New York-based Meyer Handelman has invested 0.7% in NextEra Energy, Inc. (NYSE:NEE).

Since February 6, 2018, it had 0 insider buys, and 7 sales for $10.59 million activity. 2,844 shares were sold by Sieving Charles E, worth $439,881 on Thursday, February 15. ROBO JAMES L sold $2.90M worth of stock or 18,000 shares. The insider Pimentel Armando Jr sold $1.40 million. Another trade for 5,133 shares valued at $809,690 was sold by YEAGER WILLIAM L. Arechabala Miguel had sold 5,093 shares worth $803,691 on Thursday, March 15.

NextEra Energy (NYSE:NEE) Rating Reaffirmed

They currently have a $174 price target on NextEra Energy (NYSE:NEE). The target price by Morgan Stanley would suggest a potential upside of 6.82 % from the company’s stock close price. This has been revealed to clients and investors in analysts note on Monday morning.

Investors sentiment increased to 1.04 in Q4 2017. Its up 0.09, from 0.95 in 2017Q3. It is positive, as 36 investors sold NextEra Energy, Inc. shares while 405 reduced holdings. 112 funds opened positions while 347 raised stakes. 340.36 million shares or 1.17% less from 344.40 million shares in 2017Q3 were reported.

Raab And Moskowitz Asset Mngmt Limited Liability Co invested 0.35% in NextEra Energy, Inc. (NYSE:NEE). Wealthcare, a Virginia-based fund reported 17 shares. Lenox Wealth Advsrs invested in 46 shares. Northeast Inv reported 4,430 shares. Pittenger Anderson accumulated 0.38% or 27,972 shares. 4,588 are owned by Karpas Strategies Ltd Liability Com. Credit Suisse Ag accumulated 1.31M shares. Washington Trust Bancorporation owns 32,983 shares. Cullen Frost Bankers has 0.19% invested in NextEra Energy, Inc. (NYSE:NEE) for 39,399 shares. Davis R M stated it has 0.01% of its portfolio in NextEra Energy, Inc. (NYSE:NEE). 125,516 are held by Lomas Cap Mngmt Lc. Great Lakes Advisors Ltd Com accumulated 15,857 shares or 0.05% of the stock. State Teachers Retirement Systems invested in 780,171 shares or 0.29% of the stock. Etrade Cap Mngmt Ltd has 28,471 shares for 0.14% of their portfolio. New York-based Meyer Handelman has invested 0.7% in NextEra Energy, Inc. (NYSE:NEE).

Since February 6, 2018, it had 0 insider buys, and 7 sales for $10.59 million activity. 2,844 shares were sold by Sieving Charles E, worth $439,881 on Thursday, February 15. ROBO JAMES L sold $2.90M worth of stock or 18,000 shares. The insider Pimentel Armando Jr sold $1.40 million. Another trade for 5,133 shares valued at $809,690 was sold by YEAGER WILLIAM L. Arechabala Miguel had sold 5,093 shares worth $803,691 on Thursday, March 15.

NextEra Energy, Inc. (NYSE:NEE) Ratings Coverage

Among 7 analysts covering NextEra Energy Inc (NYSE:NEE), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. NextEra Energy Inc has $182.0 highest and $156.0 lowest target. $172.14’s average target is 5.68% above currents $162.89 stock price. NextEra Energy Inc had 12 analyst reports since November 5, 2017 according to SRatingsIntel. The firm has “Buy” rating by RBC Capital Markets given on Sunday, November 5. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, December 13. The rating was maintained by JP Morgan on Tuesday, April 10 with “Overweight”. The stock of NextEra Energy, Inc. (NYSE:NEE) earned “Buy” rating by Guggenheim on Tuesday, January 2. The stock has “Overweight” rating by Morgan Stanley on Tuesday, February 13. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, March 8 report. Guggenheim maintained NextEra Energy, Inc. (NYSE:NEE) on Friday, January 26 with “Buy” rating. On Monday, November 13 the stock rating was maintained by Morgan Stanley with “Overweight”. Morgan Stanley maintained the stock with “Overweight” rating in Monday, April 16 report.

The stock increased 0.47% or $0.77 during the last trading session, reaching $162.89. About 348,074 shares traded. NextEra Energy, Inc. (NYSE:NEE) has risen 24.02% since April 17, 2017 and is uptrending. It has outperformed by 12.47% the S&P500.

Analysts await NextEra Energy, Inc. (NYSE:NEE) to report earnings on April, 20. They expect $1.72 EPS, down 1.71 % or $0.03 from last year’s $1.75 per share. NEE’s profit will be $810.87 million for 23.68 P/E if the $1.72 EPS becomes a reality. After $1.25 actual EPS reported by NextEra Energy, Inc. for the previous quarter, Wall Street now forecasts 37.60 % EPS growth.

NextEra Energy, Inc., through its subsidiaries, generates, transmits, and distributes electric power to retail and wholesale clients in North America. The company has market cap of $76.79 billion. The firm generates electricity through wind, solar, nuclear, and natural gas-fired facilities. It has a 14.31 P/E ratio. It also provides risk management services related to power and gas consumption.

NextEra Energy, Inc. (NYSE:NEE) Institutional Positions Chart

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