Watch for Continued Gains in Shares of NextEra Energy Inc. (NEE)

December 16, 2021 12:34:01

Shares of NextEra Energy Inc. (NYSE:NEE) traded at a new 52-week high today of $92.36. Approximately 2.2 million shares have changed hands today, as compared to an average 30-day volume of 7.1 million shares.

In the past 52 weeks, NextEra Energy Inc. share prices are bracketed by a low of $68.33 and a high of $92.36 and is now at $92.30, 35% above that low price.

Potential upside of 23.1% exists for NextEra Energy Inc., based on a current level of $92.30 and analysts’ average consensus price target of $113.63.

NextEra Energy’s regulated utility, Florida Power & Light, distributes power to roughly 5 million customers in Florida. FP&L contributes roughly 60% of the group’s operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.

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