Barclays Keeps Their Buy Rating on OGE Energy (OGE)
In a report released today, Nicholas Campanella from Barclays maintained a Buy rating on OGE Energy, with a price target of $49.00.
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Campanella covers the Utilities sector, focusing on stocks such as NextEra Energy, Talen Energy Corp, and American Water. According to TipRanks, Campanella has an average return of 11.2% and a 63.25% success rate on recommended stocks.
OGE Energy has an analyst consensus of Hold, with a price target consensus of $45.86.
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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