OGE Energy Corporation (NYSE:OGE) 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 2.14 by 7 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Argus Research downgrades its rating on OGE Energy Corporation (NYSE:OGE). Analysts at the Argus Research have a current rating of Hold on the shares. The shares were previously rated Buy. The rating by the firm was issued on April 11, 2016.
OGE Energy Corporation (NYSE:OGE): The mean short term price target for OGE Energy Corporation (NYSE:OGE) has been established at $32.33 per share. The higher price target estimate is at $33 and the lower price target estimate is expected at $32 according to 3 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $0.58
OGE Energy Corporation (NYSE:OGE) rose 0.52% or 0.16 points on Tuesday and made its way into the gainers of the day. After trading began at $30.96 the stock was seen hitting $31.4 as a peak level and $30.78 as the lowest level. The stock ended up at $31.15. The daily volume was measured at 1,195,058 shares. The 52-week high of the share price is $31.57 and the 52-week low is $23.37. The company has a market cap of $6,221 million.
Shares of OGE Energy Corp. rose by 1.14% in the last five trading days and 1.93% for the last 4 weeks. OGE Energy Corp. is up 12.63% in the last 3-month period. Year-to-Date the stock performance stands at 20.92%.
OGE Energy Corp. (OGE Energy) is an energy and energy services provider offering physical delivery and related services for both electricity and natural gas in the south central United States. The Company operates through two business segments: electric utility and natural gas midstream operations. The electric utility segment generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas. Its operations are conducted through Oklahoma Gas and Electric Company (OG&E), a wholly owned subsidiary of the Company and an electric utility-based in Oklahoma with its franchised service territory at the Fort Smith, Arkansas area. The natural gas midstream operations segment through its investment in Enable Midstream Partners, LP (Enable), through its wholly owned subsidiary OGE Holdings, which is engaged in the business of gathering, processing, transporting and storing natural gas.