Jefferies Group Gives Hold Rating to OGE Energy Corp. (OGE)

By admin | 6 years ago

OGE Energy Corp. (NYSE: OGE)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Group (NYSE: JEF) in a research note issued to investors on Friday.

Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of OGE Energy Corp. in a research note to investors on Monday, April 2nd. They now have a $56.00 price target on the stock. Separately, analysts at BMO Capital Markets cut their EPS estimates on shares of OGE Energy Corp. in a research note on Friday. They now have a “market perform” rating on the stock. Finally, analysts at Wunderlich raised their price target on shares of OGE Energy Corp. from $49.00 to $55.00 in a research note to investors on Friday, February 17th. They now have a “hold” rating on the stock.

OGE Energy Corp. opened at 54.93 on Friday. OGE Energy Corp. has a 1-year low of $40.56 and a 1-year high of $57.54. The company has a market cap of $5.416 billion and a price-to-earnings ratio of 15.34.

OGE Energy Corp. last released its earnings data on Thursday, February 16th. The company reported $0.37 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.02. Analysts expect that OGE Energy Corp. will post $0.90 EPS next quarter.

OGE Energy Corp. is an energy and energy services provider offering physical delivery and related services for both electricity and natural gas primarily in the south central United States.

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