Atmos Energy Corporation (ATO) Receives Analyst Rating

Atmos Energy Corporation (ATO) has an average broker rating of 2.43, which is interpreted as a Buy, as rated by 7 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Atmos Energy Corporation (ATO) : Currently there are 5 street experts covering Atmos Energy Corporation (ATO) stock. The most bullish and bearish price target for the stock is $88 and $64 respectively for the short term. The average price target of all the analysts comes to $78. The estimated standard deviation from the target is $9.87.


Also, JP Morgan maintains their rating on the shares of Atmos Energy Corporation (NYSE:ATO). The current rating of the shares is Overweight. Equity Analysts at the Firm lowers the price target to $87 per share from $88 per share. The rating by the firm was issued on August 5, 2016.

Atmos Energy Corporation (NYSE:ATO): After opening at $72.69, the stock dipped to an intraday low of $72.6 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $73.59 and the buying power remained strong till the end. The stock closed at $73.51 for the day, a gain of 1.20% for the day session. The total traded volume was 524,814. The stocks close on the previous trading day was $72.64.

Atmos Energy Corporation (Atmos Energy) is engaged primarily in the regulated natural gas distribution and transmission and storage businesses as well as other nonregulated natural gas businesses. The Company delivers natural gas through regulated sales and transportation arrangements to over three million residential, commercial, public authority and industrial customers in nine states located primarily in the South. The Company also operates intrastate pipelines in Texas based on miles of pipe. The Company operates through the following three segments: The regulated distribution segment, which includes regulated distribution and related sales operations; the regulated pipeline segment, which includes the pipeline and storage operations of its Atmos Pipeline Texas Division and the nonregulated segment, which includes nonregulated natural gas management, nonregulated natural gas transmission, storage and other services.

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