Atmos Energy Corporation – Consensus Indicates Potential 8.7% Upside

Broker Ratings
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Atmos Energy Corporation with ticker code (ATO) now have 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 121 and 101 and has a mean target at 113.86. Now with the previous closing price of 104.75 this now indicates there is a potential upside of 8.7%. The 50 day moving average now sits at 104.83 and the 200 day MA is 98.26. The company has a market cap of $14,774m. Visit the company website at: https://www.atmosenergy.com

The potential market cap would be $16,059m based on the market concensus.

Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately three million residential, commercial, public authority, and industrial customers. As of September 30, 2021, it owned 71,921 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage reservoirs in Texas; and provides ancillary services to the pipeline industry, including parking arrangements, lending, and inventory sales. As of September 30, 2021, it owned 5,699 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.

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