Stifel Nicolaus analyst Selman Akyol maintained a Hold rating on ONE Gas (OGS – Research Report) today and set a price target of $65.00. The company’s shares closed yesterday at $60.39.
Akyol covers the Energy sector, focusing on stocks such as Sunoco, Enterprise Products Partners, and Archrock. According to TipRanks, Akyol has an average return of 6.2% and a 65.66% success rate on recommended stocks.
ONE Gas has an analyst consensus of Hold, with a price target consensus of $61.00, representing a 1.01% upside. In a report released on February 14, Ladenburg Thalmann & Co. also initiated coverage with a Hold rating on the stock with a $58.00 price target.
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Based on ONE Gas’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $398.11 million and a net profit of $32.69 million. In comparison, last year the company earned a revenue of $428.98 million and had a net profit of $32.08 million
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ONE Gas (OGS) Company Description:
ONE Gas, Inc. engages in the provision of natural gas distribution services. It also offers natural gas to residential, commercial, industrial, and transportation customers. The company was founded in 1906 and is headquartered in Tulsa, OK.
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