Analysts Are Bullish on Top Utilities Stocks: OGE Energy (OGE), Brookfield Infrastructure (BIP)
There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on OGE Energy (OGE – Research Report) and Brookfield Infrastructure (BIP – Research Report) with bullish sentiments.
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OGE Energy (OGE)
In a report released today, Julien Dumoulin Smith from Jefferies maintained a Buy rating on OGE Energy, with a price target of $52.00. The company’s shares closed last Wednesday at $45.38, close to its 52-week high of $46.54.
According to TipRanks.com, Smith is a 4-star analyst with an average return of
Currently, the analyst consensus on OGE Energy is a Hold with an average price target of $45.88.
See the top stocks recommended by analysts >>
Brookfield Infrastructure (BIP)
Raymond James analyst Frederic Bastien reiterated a Buy rating on Brookfield Infrastructure today and set a price target of $46.00. The company’s shares closed last Wednesday at $30.01.
According to TipRanks.com, Bastien is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Brookfield Infrastructure with a $43.20 average price target, representing a 46.7% upside. In a report issued on April 24, RBC Capital also maintained a Buy rating on the stock with a $40.00 price target.
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