National Fuel Gas Co. (NYSE:NFG) has been upgraded to Buy in a statement by Jefferies Group earlier today.
- Updated: October 13, 2016
Jefferies Group has upgraded National Fuel Gas Co. (NYSE:NFG) to Buy in a statement released on Thursday October 13, 2016.
On 8/10/2016, Barclays released a statement for National Fuel Gas Co. (NYSE:NFG) bumped up the target price from $47.00 to $61.00 that suggested an upside of 0.09%.
Boasting a price of $52.75, National Fuel Gas Co. (NYSE:NFG) traded 2.18% higher on the day. With the last stock price close down -2.00% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. National Fuel Gas Co. has recorded a 50-day average of $55.83 and a two hundred day average of $55.00. Volume of trade was down over the average, with 159,173 shares of NFG changing hands under the typical 342,220
With a total market value of $0, National Fuel Gas Co. has with a one year low of $37.03 and a one year high of $59.62 .
A total of 4 equity analysts have released a research note on NFG. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $53.25.
Brief Synopsis About National Fuel Gas Co. (NYSE:NFG)
National Fuel Gas Company is a holding company. The Company is an energy company engaged in the production, gathering, transportation, distribution and marketing of natural gas. The Company operates through five segments: Exploration and Production, including operations carried out through its subsidiary, Seneca Resources Corporation; Pipeline and Storage, including operations carried out through its subsidiaries, National Fuel Gas Supply Corporation and Empire Pipeline, Inc.; Gathering, including operations carried out through subsidiaries of National Fuel Gas Midstream Corporation; Utility, including operations are carried out by through its subsidiary, Distribution Corporation, and Energy Marketing, including operations carried out through its subsidiary, National Fuel Resources, Inc. The Company operates an integrated business, with assets centered in western New York and Pennsylvania. The Company also develops and produces oil reserves, primarily in California.
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