In a report released today, Christopher Sighinolfi from Jefferies reiterated a Hold rating on ONE Gas (NYSE: OGS), with a price target of $67. The company’s shares closed yesterday at $75.43.
According to TipRanks.com, Sighinolfi is a 5-star analyst with an average return of 11.4% and a 68.0% success rate. Sighinolfi covers the Basic Materials sector, focusing on stocks such as Enterprise Products Partners LP, Energy Transfer Partners LP, and Dcp Midstream Partners Lp.
Currently, the analyst consensus on ONE Gas is a Hold with an average price target of $67.
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ONE Gas’ market cap is currently $3.96B and has a P/E ratio of 22.45. The company has a Price to Book ratio of 1.96.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of OGS in relation to earlier this year.
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.
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.
