OGE Energy Corp. Share Price Target ‘$34.63’, now 4.1% Upside Potential

Broker Ratings
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OGE Energy Corp. with ticker code (OGE) now have 8 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between $37.00 and $32.00 calculating the mean target share price we have $34.63. (at the time of writing). Now with the previous closing price of $33.27 this would indicate that there is a potential upside of 4.1%. The 50 day MA is $33.82 and the 200 day moving average is $34.73. The total market capitalization for the company now stands at 6.63B. The stock price for the company is currently $33.11 USD

The potential market cap would be $6,904,064,761 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 16, revenue per share of $13.35 and a 3.24% return on assets.

OGE Energy Corp. is a holding company with investments in energy and energy services providers, which offers physical delivery and related services for electricity in Oklahoma and western Arkansas. The Company also holds investments in Enable and Energy Transfer, which offers natural gas, crude oil and NGL services. It operates through two segments: electric company operations and natural gas midstream operations. Electric company operations segment operates through its subsidiary OG&E, which generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas. OG&E franchised service territory includes Fort Smith, Arkansas and the surrounding communities. Natural gas midstream operations segment included its investment in Energy Transfer’s equity securities acquired in the Enable/Energy Transfer merger. The segment also includes legacy Enable seconded employee pension and postretirement costs.

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