In a report released today, Julien Dumoulin Smith from Merrill Lynch maintained a Buy rating on OGE Energy (NYSE: OGE), with a price target of $37. The company’s shares closed yesterday at $34.29.
According to TipRanks.com, Smith is a 4-star analyst with an average return of 5.0% and a 64.7% success rate. Smith covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, El Paso Electric Company, and Centerpoint Energy.
OGE Energy has an analyst consensus of Moderate Buy, with a price target consensus of $37.
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The company has a one-year high of $37.32 and a one-year low of $29.59. Currently, OGE Energy has an average volume of 1.58M.
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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 following segments: Electric Utility, Natural Gas Midstream Operations, and Other Operations.
