Morgan Stanley Reaffirms Their Hold Rating on ONE Gas (OGS)
Morgan Stanley analyst David Arcaro maintained a Hold rating on ONE Gas today and set a price target of $75.00.
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According to TipRanks, Arcaro is a 5-star analyst with an average return of 13.9% and a 65.34% success rate. Arcaro covers the Utilities sector, focusing on stocks such as American Electric Power, Edison International, and IdaCorp.
In addition to Morgan Stanley, ONE Gas also received a Hold from UBS’s William Appicelli in a report issued on November 18. However, on the same day, Mizuho Securities reiterated a Buy rating on ONE Gas (NYSE: OGS).
Based on ONE Gas’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $379.13 million and a net profit of $26.47 million. In comparison, last year the company earned a revenue of $340.4 million and had a net profit of $19.27 million
Read More on OGS:
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