In a report released yesterday, Eric Beaumont from Barclays maintained a Sell rating on OGE Energy (OGE), with a price target of $40. The company’s shares opened today at $42.90, close to its 52-week high of $44.41.
According to TipRanks.com, Beaumont is a 2-star analyst with an average return of -0.3% and a 50.0% success rate. Beaumont covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Consolidated Edison, Inc., and American Electric Power.
OGE Energy has an analyst consensus of Moderate Sell, with a price target consensus of $40.17.
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OGE Energy’s market cap is currently $8.61B and has a P/E ratio of 20.68. The company has a Price to Book ratio of 2.17.
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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.
