Impact of Brokerage Rating on ONEOK, Inc.(OKE)

Many ONEOK, Inc.(OKE) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. ONEOK was Upgraded by Credit Suisse to Outperform on Feb 2, 2017. ONEOK was Downgraded by Citigroup to Neutral on Jan 25, 2017. ONEOK was Downgraded by Jefferies to Underperform on Jan 12, 2017. Company shares were Downgraded by Barclays on Dec 13, 2016 to Equal Weight, Raises Price Target to $ 58 from a previous price target of $49 .

Company has reported several Insider transactions to the SEC, on Mar 18, 2016, Brian L Derksen (director) purchased 1,800 shares at 30.33 per share price.On Mar 8, 2016, Sheppard F Iii Miers (VP & Chief Accounting Officer) sold 3,900 shares at 27.49 per share price.On Dec 28, 2015, Walter S Iii Hulse (EVP STRATEGIC PLNG & CORP DEV) purchased 15,000 shares at 23.90 per share price.

ONEOK Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.42.Analysts expectations of $ 2306.59.During the same quarter in the previous year, the company posted $0.39 EPS.

ONEOK, Inc. (NYSE:OKE) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3.2 by 10 Brokerage Firm. 8 Brokerage Firms have advised hold. A sell rating was given by 2 analyst.

ONEOK, Inc. (NYSE:OKE) shares are expected to touch $52.43 in the short term. This short term price target has been shared by 7 analysts. However, the standard deviation of short term price estimate has been valued at 5.8. The target price could hit $61 on the higher end and $46 on the lower end.

ONEOK, Inc. (NYSE:OKE) witnessed a decline in the market cap on Tuesday as its shares dropped 0.13% or 0.07 points. After the session commenced at $55.13, the stock reached the higher end at $55.41 while it hit a low of $54.17. With the volume soaring to 2,476,126 shares, the last trade was called at $54.95. The company has a 52-week high of $59.47. The company has a market cap of $11,577 million and there are 210,685,430 shares in outstanding. The 52-week low of the share price is $19.94.

ONEOK, Inc. is engaged in several aspects of the energy business. The company purchases, gathers, compresses, transports, stores, and distributes natural gas. It also leases pipeline capacity to others. The company drills for and produces oil and gas, extracts and sells natural gas liquids, and is engaged in the gas marketing business.

ONEOK,

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