MDU Resources Group (MDU) Receives Analyst Rating

MDU Resources Group (MDU) has an average broker rating of 1.8, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 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.

MDU Resources Group (MDU) : 3 Wall Street analysts covering MDU Resources Group (MDU) believe that the average level the stock could reach for the short term is $26.33. The maximum price target given is $28 and the minimum target for short term is around $25, hence the standard deviation is calculated at $1.53.


MDU Resources Group (NYSE:MDU): After opening at $23.4, the stock dipped to an intraday low of $23.35 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $23.71 and the buying power remained strong till the end. The stock closed at $23.67 for the day, a gain of 1.28% for the day session. The total traded volume was 525,565. The stocks close on the previous trading day was $23.37.

MDU Resources Group, Inc. is a natural resource company. The Companys segments include electric, natural gas distribution, pipeline and energy services, exploration and production, construction materials and contracting and construction services. The electric segment provides electric service at retail. The natural gas distribution segment sells natural gas at retail. The pipeline and energy services segment through WBI Holdings, Inc. owns and operates both regulated and nonregulated businesses. The exploration and production segment is involved in the development and production of oil and natural gas resources. The construction materials and contracting segment mines aggregates and markets crushed stone, sand, gravel and related construction materials. The construction services segment is engaged in constructing and maintaining electric and communication lines, gas pipelines, fire suppression systems, and external lighting and traffic signalization equipment.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *