Barclays Reaffirms Their Sell Rating on Atmos Energy Corp (ATO)


Barclays analyst Christine Cho maintained a Sell rating on Atmos Energy Corp (NYSE: ATO) today and set a price target of $91. The company’s shares closed yesterday at $93.35.

According to TipRanks.com, Cho is a 2-star analyst with an average return of 0.3% and a 47.2% success rate. Cho covers the Basic Materials sector, focusing on stocks such as Enterprise Products Partners LP, Dcp Midstream Partners Lp, and EnLink Midstream Partners.

Atmos Energy Corp has an analyst consensus of Moderate Buy, with a price target consensus of $97.33.

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The company has a one-year high of $98.40 and a one-year low of $76.46. Currently, Atmos Energy Corp has an average volume of 358.2K.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is neutral on the stock. Most recently, in August 2018, Richard W. Douglas, an Insider at ATO bought 37,739 shares for a total of $3,479,158.

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.

Atmos Energy Corp. engages in the regulated natural gas distribution and pipeline and storage businesses. It operates its business through the following business segments: Distribution, Pipeline and Storage, and Natural Gas Marketing. The Distribution segment comprises regulated natural gas distribution and related sales operations in eight states.

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