Short Term Rating on MDU Resources Group (MDU)

MDU Resources Group (MDU) has an average broker rating of 2, which is interpreted as a Buy, as rated by 4 equity analysts. Nonetheless, 2 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 2, which is also a Buy.

MDU Resources Group (MDU) stock is expected to deviate a maximum of $0.71 from the average target price of $25.5 for the short term period. 2 Street Experts have initiated coverage on the stock with the most promising target being $26 and the most muted being $25.

Company shares have received an average consensus rating of Hold for the current week


MDU Resources Group (NYSE:MDU): The stock opened at $23.97 on Tuesday but the bulls could not build on the opening and the stock topped out at $24.19 for the day. The stock traded down to $23.91 during the day, due to lack of any buying support eventually closed down at $23.95 with a loss of -0.37% for the day. The stock had closed at $24.04 on the previous day. The total traded volume was 1,002,529 shares.

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.

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