OGE Energy (OGE) Receives a Buy from Barclays
Barclays analyst Nicholas Campanella maintained a Buy rating on OGE Energy today and set a price target of $51.00.
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Campanella covers the Utilities sector, focusing on stocks such as Sempra Energy, Xcel Energy, and Southern Co. According to TipRanks, Campanella has an average return of 11.8% and a 66.76% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for OGE Energy with a $49.50 average price target.
Based on OGE Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.05 billion and a net profit of $231.3 million. In comparison, last year the company earned a revenue of $965.4 million and had a net profit of $218.7 million
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