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Atmos Energy Corporation (NYSE:ATO) target price raised to $95.00, reported today by Zacks Investment Research

Atmos Energy Corporation (NYSE:ATO) had its target price raised to $95.00 by Zacks Investment Research in a report released 6/20/2017. The new target price indicates a possible upside of 0.12% based on the company's last stock close price.

Yesterday Atmos Energy Corporation (NYSE:ATO) traded 0.21% higher at $85.06. The company’s 50-day moving average is $87.58 and its 200-day moving average is $83.19. The last stock close price is up 4.73% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 543,953 shares of the stock were exchanged, up from an average trading volume of 354,905

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Atmos Energy Corporation (NYSE:ATO)

Atmos Energy Corporation has a 52 week low of $68.51 and a 52 week high of $89.00 with a P/E ratio of 23.33 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 9 firms have reported on the stock. The consensus target price is $71.11 with 2 firms rating the stock a strong buy, 2 firms rating the stock a buy, 5 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Atmos Energy Corporation (NYSE:ATO)

Atmos Energy Corporation is a fully-regulated, natural-gas-only distributor engaged primarily in the regulated natural gas distribution and pipeline businesses, as well as other nonregulated natural gas businesses. It operates through three segments: regulated distribution segment, which includes its regulated distribution and related sales operations; regulated pipeline segment, which includes pipeline and storage operations of its Atmos Pipeline-Texas Division, and nonregulated segment, which includes its nonregulated natural gas management, nonregulated natural gas transmission, storage and other services. Its nonregulated businesses provide natural gas management, transportation and storage services to local gas distribution companies, including certain of its natural gas distribution divisions and industrial customers in the Midwest and Southeast. It also manages its natural gas pipeline and storage assets, including its intrastate natural gas pipeline systems in Texas.

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