Deutsche Bank Maintains a Hold Rating on Nextera Energy Partners

By George MacDonald

In a report issued on January 29, Jonathan Arnold from Deutsche Bank maintained a Hold rating on Nextera Energy Partners (NYSE: NEP), with a price target of $25. The company’s shares closed last Friday at $26.99.

Nextera Energy Partners has an analyst consensus of Hold.

The company has a one year high of $47.38 and a one year low of $19.15. Currently, Nextera Energy Partners has an average volume of 267.8k.

According to TipRanks.com, Arnold is a 1-star analyst with an average return of -2.8% and a 60.7% success rate. Arnold covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Centerpoint Energy.

NextEra Energy Partners LP is a limited partnership formed to acquire, manage and own contracted clean energy projects with stable long-term cash flows.