What Do Wall Street Analysts Think Of Duke Energy Corporation (DUK), Westlake Chemical Corporation (WLK)?

Duke Energy Corporation (NYSE:DUK) recently ticked higher on weak volume. About 1895211 contracts were traded on 17-Jan-19 compared to daily average volume of 2782140 shares. The first sale was made at $85.29 but later the stock became weaker, and closed with a gain of 0.43%. It was last traded at $85.64 apiece.

Duke Energy Corporation (DUK): Outperform Candidate With 2.83% Upside Potential

Duke Energy Corporation is maintained at an average outperform rating by 18 stock analysts, and there are at least 2.08% of shares outstanding that are currently legally short sold. The shares went down by -2.78% in value last month. Year-to-date it plunged -0.76%. Analysts are turning out to be more optimistic than before, with 7 of analysts who cover Duke Energy Corporation (NYSE:DUK) advice adding it to buy candidate list. Wall Street experts also assign a $88.06 price target on Duke Energy Corporation, pointing towards a 2.83% rally from current levels. The stock is trading for about -6.25% less than its 52-week high.

Duke Energy Corporation Reports 16.6% Sales Growth

Duke Energy Corporation (DUK) remained successful in beating the consensus-estimated $1.52 as it actually earned $1.65 per share in its last reported financial results. Revenue, on the other hand, scored 16.6% growth from the previous quarter, coming up with $6.58 billion.

DUK Adds 0.43% In A Week

This company shares (DUK) so far managed to recover 19.01% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 1.65% while widening the period to a month, volatility was 2.17%. The share price has yet to cross its 20 days moving average, floating at a distance of 0% and sits -1.28% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned 0.43% gains and is up by 5.49% compared with its 200-day moving average of $83.2. Also, Duke Energy Corporation (DUK) needs to expand a 9.22% increase it experienced over the past twelve months.

Westlake Chemical Corporation (NYSE:WLK) Consensus Call At 2.5

As regular trading ended, Westlake Chemical Corporation (WLK) stock brought in a $0.8 rise to $75.51. The day started at a price of $74.18 but then traded as high as $76.08 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.5. Westlake Chemical Corporation is given 4 buy-equivalent recommendations, 1 sells and 11 holds. The company shares sank -39.25% from their peak of $124.29 and now has a $9.84 billion market value of equity.

Westlake Chemical Corporation Could Grow 13.83% More

WLK’s mean recommendation on Reuter’s scale slipped from 2.65 thirty days ago to 2.5 now, which indicates a hold consensus from the analyst community. They see Westlake Chemical Corporation (WLK) price hitting a mean target of $85.95 a share, meaning the stock still has potential that could lift the price another 13.83% . Also, the recent close suggests the stock is underpriced by 78.78% compared to the most bullish target.

Westlake Chemical Corporation (WLK) Returns 14.12% This Year

The company had seen its current volume reaching at 589009 shares in the last trade. That compares with the recent volume average of 725500. At the close of regular trading, its last week’s stock price volatility was 3.77% which for the month reaches 3.11%. Westlake Chemical Corporation dipped to as low as $73.62 throughout the day and has returned 14.12% in this year. At one point in the past year, the shares traded as low as $59.78 but has recovered 26.32% since then.