Barclays analyst Nicholas Campanella maintained a Buy rating on OGE Energy (OGE – Research Report) today and set a price target of $37.00. The company’s shares closed last Friday at $33.52.
Campanella covers the Utilities sector, focusing on stocks such as Duke Energy, Sempra Energy, and Alliant Energy. According to TipRanks, Campanella has an average return of 3.1% and a 48.08% success rate on recommended stocks.
OGE Energy has an analyst consensus of Moderate Buy, with a price target consensus of $35.17, which is a 4.92% upside from current levels. In a report released on October 12, Ladenburg Thalmann & Co. also maintained a Buy rating on the stock with a $36.00 price target.
See the top stocks recommended by analysts >>
OGE market cap is currently $6.71B and has a P/E ratio of 15.31.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
OGE Energy (OGE) Company Description:
OGE Energy Corp. is a holding company, which engages in the provision of physical delivery and related services for both electricity and natural gas. It operates through the Electric Utility and Natural Gas Midstream Operations segments. The Electric Utility segment generates, transmits, distributes, and sells electric energy in Oklahoma and Western Arkansas. The Natural Gas Midstream Operations segment involves gathering, processing, transporting, storing, and marketing of natural gas. The company was founded in August 1995 and is headquartered in Oklahoma City, OK.
Read More on OGE:
- OGE Energy price target lowered to $36 from $39 at Evercore ISI
- OGE Energy price target lowered to $36 from $39 at Ladenburg
- OGE Energy price target lowered to $32 from $36 at Guggenheim
- Ex-Dividend Date Nearing for These 10 Stocks – Week of October 2-6, 2023
- OGE Energy Corp. Board of Directors declares quarterly dividend
