Breaking Finance News

Jefferies Group upgraded ONE Gas Inc (NYSE:OGS) to Hold in a report released today.

Jefferies Group has upgraded ONE Gas Inc (NYSE:OGS) to Hold in a report released on Thursday October 13, 2016.

Previously on 9/02/2016, Zacks Investment Research released a statement about ONE Gas Inc (NYSE:OGS) increased the target price from $0.00 to $69.00. At the time, this indicated a possible upside of 0.13%.

Just yesterday ONE Gas Inc (NYSE:OGS) traded 1.68% higher at $57.70. ONE Gas Inc’s 50-day moving average is $61.24 and its 200-day moving average is $61.62. The last stock price is down -4.79% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 51,054 shares of OGS traded hands, down from an average trading volume of 175,074

Recent Performance Chart

ONE Gas Inc (NYSE:OGS)

ONE Gas Inc has 52 week low of $45.57 and a 52 week high of $67.35 with a PE ratio of 23.58 and has a market capitalization of $0.

In addition to Jefferies Group reporting its stock price target, a total of 4 brokerages have issued a ratings update on the company. The average stock price target is $56.00 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 5 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On ONE Gas Inc (NYSE:OGS)

ONE Gas, Inc. is an independent natural gas utility in the United States. The Company is a natural gas distributor in Oklahoma, Kansas and Texas. The Company operates in one segment: regulated public utilities that deliver natural gas to residential, commercial, industrial and transportation customers. The Company provides natural gas distribution services to approximately two million customers through its divisions in Oklahoma, Kansas and Texas. The Company's distribution markets in terms of customers are Oklahoma City and Tulsa, Oklahoma; Kansas City, Wichita and Topeka, Kansas, and Austin and El Paso, Texas. The Company's divisions include Oklahoma Natural Gas, Kansas Gas Service and Texas Gas Service. Its divisions, Oklahoma Natural Gas, Kansas Gas Service and Texas Gas Service distribute natural gas as public utilities. It caters to residential, commercial and industrial, transportation, and wholesale and public authority customers in over three states.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *