ONE Gas (OGS) PT Lowered to $65.00 at Morgan Stanley
ONE Gas (NYSE:OGS) had its price target dropped by stock analysts at Morgan Stanley from $69.00 to $65.00 in a research report issued on Tuesday. The firm currently has an “underweight” rating on the utilities provider’s stock. Morgan Stanley’s price target points to a potential downside of 2.30% from the stock’s current price.
A number of other research firms have also commented on OGS. Zacks Investment Research raised ONE Gas from a “hold” rating to a “buy” rating and set a $85.00 target price for the company in a report on Wednesday, November 8th. Jefferies Group reissued a “sell” rating and issued a $63.00 target price on shares of ONE Gas in a report on Wednesday, December 20th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a strong buy rating to the stock. ONE Gas currently has a consensus rating of “Hold” and a consensus price target of $70.80.
Shares of ONE Gas (OGS) opened at $66.53 on Tuesday. The company has a market capitalization of $3,522.73, a price-to-earnings ratio of 22.54, a price-to-earnings-growth ratio of 3.73 and a beta of 0.03. ONE Gas has a fifty-two week low of $63.06 and a fifty-two week high of $79.51. The company has a quick ratio of 0.73, a current ratio of 1.14 and a debt-to-equity ratio of 0.62.
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About ONE Gas
ONE Gas, Inc is a regulated natural gas distribution utility in the United States. The Company provides natural gas distribution services. The Company distributes natural gas in Oklahoma, Kansas and Texas. The Company serves residential, commercial and industrial, transportation and wholesale and public authority customers.
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