Atmos Energy Corp (ATO) Receives a Buy from Morgan Stanley


Morgan Stanley analyst Stephen Byrd maintained a Buy rating on Atmos Energy Corp (ATO) today and set a price target of $119.00. The company’s shares closed last Monday at $114.29, close to its 52-week high of $114.70.

According to TipRanks.com, Byrd is a 1-star analyst with an average return of -1.4% and a 52.7% success rate. Byrd covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Consolidated Edison, Inc., and Public Service Enterprise.

Atmos Energy Corp has an analyst consensus of Moderate Buy, with a price target consensus of $114.60, which is a 0.3% upside from current levels. In a report issued on September 20, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $121.00 price target.

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The company has a one-year high of $114.70 and a one-year low of $87.88. Currently, Atmos Energy Corp has an average volume of 664.9K.

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Atmos Energy Corp. engages in the regulated natural gas distribution and pipeline and storage businesses. It operates through the Distribution, and Pipeline and Storage business segments. The Distribution segment comprises regulated natural gas distribution and related sales operations.

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