Morgan Stanley issued a report on Oneok Partners LP (NYSE:OKS), bumping its target to $45.00 today
- Updated: October 3, 2016
Having a price of $39.88, Oneok Partners LP (NYSE:OKS) traded -0.18% lower on the day. With the last close up 5.61% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. OKS has recorded a 50-day moving average of $39.19 and a 200-day moving average of $37.76. 425,176 shares of OKS traded hands, down from an average trading volume of 580,230
Oneok Partners LP (NYSE:OKS) had its price target upped to $45.00 by Morgan Stanley in an issued report issued 10/4/2016. The upped price target implies a potential upside of 0.13% from the company's previous close.
Previously on 09/14/2016, Stifel Nicolaus reported about Oneok Partners LP (NYSE:OKS) increased the target price from $0.00 to $40.00 that suggested an upside of 0.07%.
Recent Performance Chart
Oneok Partners LP has PE ratio of 33.91 with a one year low of $21.86 and a one year high of $42.34 and has a market capitalization of $0.
A total of 16 brokerages have issued a ratings update on the stock. 1 firm rating the stock a strong buy, 3 firms rating the stock a buy, 9 firms rating the stock a hold, four analysts rating the company a underperform, and finally one analyst rating the company a sell with a one year target of $38.06.
More About Oneok Partners LP (NYSE:OKS)
ONEOK Partners, L.P. is engaged in gathering, processing, storage and transportation of natural gas in the United States. In addition, the Company owns natural gas liquids (NGL) systems, connecting NGL supply in the Mid-Continent, Permian and Rocky Mountain regions. The Company's segments are Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines. The Natural Gas Gathering and Processing segment provides nondiscretionary services to contracted producers in North Dakota, Montana, Wyoming, Kansas and Oklahoma. The Natural Gas Liquids segment owns and operates facilities that gather, fractionate, treat and distribute NGLs and store NGL products, primarily in Oklahoma, Kansas, Texas, New Mexico and the Rocky Mountain region where the Company provides nondiscretionary services. The Natural Gas Pipelines segment provides transportation and storage services to end users through its assets and its ownership in Northern Border Pipeline.
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