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Atmos Energy Corporation (NYSE:ATO) target upped to $77.00, released a report earlier today by Zacks Investment Research

Yesterday Atmos Energy Corporation (NYSE:ATO) traded -2.46% lower at $68.96. ATO’s 50-day average is $73.91 and its two hundred day average is $75.26. With the last close down -8.37% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was up over the average, with 592,658 shares of ATO changing hands over the typical 424,502

Indicating a possible upside of 0.12%, Zacks Investment Research increased the stock price target of Atmos Energy Corporation (NYSE:ATO) to $77.00

Previously on Friday August 05, 2016, JP Morgan reported about Atmos Energy Corporation (NYSE:ATO) lowered the target price from $88.00 to $87.00. At the time, this indicated a possible upside of 0.12%.

Performance Chart

Atmos Energy Corporation (NYSE:ATO)

With a total market value of $0, Atmos Energy Corporation has price-earnings ratio of 20.94 with a one year low of $58.75 and a one year high of $81.97 .

A total of 9 analysts have released a research note on ATO. Two equity analysts rating the company a strong buy, two equity analysts rating the company a buy, five equity analysts rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $71.11.

General Company Details For Atmos Energy Corporation (NYSE:ATO)

Atmos Energy Corporation (Atmos Energy) is engaged primarily in the regulated natural gas distribution and transmission and storage businesses as well as other nonregulated natural gas businesses. The Company delivers natural gas through regulated sales and transportation arrangements to over three million residential, commercial, public authority and industrial customers in nine states located primarily in the South. The Company also operates intrastate pipelines in Texas based on miles of pipe. The Company operates through the following three segments: The regulated distribution segment, which includes regulated distribution and related sales operations; the regulated pipeline segment, which includes the pipeline and storage operations of its Atmos Pipeline Texas Division and the nonregulated segment, which includes nonregulated natural gas management, nonregulated natural gas transmission, storage and other services.

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