OGE Energy Corp – Consensus Indicates Potential 7.3% Upside

Broker Ratings
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OGE Energy Corp which can be found using ticker (OGE) now have 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 39 and 36 suggesting an average Analsyt target price of $38.29. Now with the previous closing price of $35.67 this would imply there is now a potential upside of 7.3%. The day 50 moving average is $37.34 and the 200 day moving average is $38.56. The total market capitalization for the company now stands at $7,170m. You can visit the company’s website by visiting: https://www.ogeenergy.com

The potential market cap would be $7,697m based on the market consensus.

OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services in the United States. It operates through Electric Company Operations and Natural Gas Midstream segments. The company generates, transmits, distributes, and sells electric energy. In addition, it provides retail electric service to approximately 889,000 customers, which covers a service area of approximately 30,000 square miles in Oklahoma and western Arkansas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets. OGE Energy Corp. was founded in 1902 and is headquartered in Oklahoma City, Oklahoma.

The company has a dividend yield of 4.81% with the ex dividend date set at 6-4-2023 (DMY).

Other points of data to note are a P/E ratio of 10.41, revenue per share of 16.86 and a 3.16% return on assets.

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