Mizuho Securities analyst Anthony Crowdell reiterated a Buy rating on Oge Energy Corp. on Friday, setting a price target of $39, which is approximately 15.56% above the present share price of $33.75.
Crowdell expects Oge Energy Corp. to post earnings per share (EPS) of $0.56 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in OGE Energy (NYSE:OGE), with an average price target of $38.5.
The analysts price targets range from a high of $40 to a low of $35.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $577.4 million and a net profit of $129.5 million. The company's market cap is $6.76 billion.
According to TipRanks.com, Mizuho Securities analyst Anthony Crowdell is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 1.8% and a 56.90% success rate.
OGE Energy Corp. is a holding company, which engages in the provision of physical delivery and related services for both electricity and natural gas. It operates through the Electric Utility and Natural Gas Midstream Operations segments. The Electric Utility segment generates, transmits, distributes, and sells electric energy in Oklahoma and Western Arkansas. The Natural Gas Midstream Operations segment involves gathering, processing, transporting, storing, and marketing of natural gas. The company was founded in August 1995 and is headquartered in Oklahoma City, OK.