Barclays analyst Eric Beaumont maintained a Sell rating on OGE Energy (OGE) on November 16 and set a price target of $37. The company’s shares closed on Friday at $39.16, close to its 52-week high of $39.94.
According to TipRanks.com, Beaumont is a 2-star analyst with an average return of -2.2% and a 50.0% success rate. Beaumont covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Centerpoint Energy, and Dominion Resources.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for OGE Energy with a $37 average price target.
See today’s analyst top recommended stocks >>
OGE Energy’s market cap is currently $7.82B and has a P/E ratio of 11.79. The company has a Price to Book ratio of 1.94.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is neutral on the stock.
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 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.
