Bank of America Securities Keeps Their Hold Rating on OGE Energy (OGE)
Bank of America Securities analyst Ross Fowler maintained a Hold rating on OGE Energy (OGE – Research Report) yesterday and set a price target of $45.00. The company’s shares closed yesterday at $45.21.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks.
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener.
According to TipRanks, Fowler is a 4-star analyst with an average return of 2.7% and a 60.59% success rate. Fowler covers the Utilities sector, focusing on stocks such as Vistra Energy, American Electric Power, and Northwestern.
The word on The Street in general, suggests a Hold analyst consensus rating for OGE Energy with a $45.88 average price target, implying a 1.48% upside from current levels. In a report released on April 22, Barclays also maintained a Hold rating on the stock with a $45.00 price target.
Based on OGE Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $760.5 million and a net profit of $101.9 million. In comparison, last year the company earned a revenue of $566.7 million and had a net profit of $48.2 million
Read More on OGE:
