Market Exclusive

OGE Energy Corp. (NYSE:OGE) gets downgraded to Neutral by Bank of America with a price target of $39.00

Analyst Ratings For OGE Energy Corp. (NYSE:OGE)

Today, OGE Energy Corp. (NYSE:OGE) stock was downgraded by Bank of America from Buy to Neutral with a price target of $39.00.

There are 4 Hold Ratings, 1 Sell Ratings, 1 Buy Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on OGE Energy Corp. (NYSE:OGE) is Hold with a consensus target price of $37.20 per share, a potential 4.07% downside.

Some recent analyst ratings include


About OGE Energy Corp. (NYSE:OGE)
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. The company operates in two segments, Electric Utility and Natural Gas Midstream Operations. The Electric Utility segment generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas. This segment furnishes retail electric service in 267 communities and their contiguous rural and suburban areas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating facilities. The Natural Gas Midstream Operations segment is involved in gathering, processing, transporting, and storing natural gas; and the provision of crude oil gathering services, and interstate and intrastate natural gas pipeline transportation and storage services to natural gas producers, industrial end users, and natural gas marketers. As of December 31, 2017, the company owned and operated interconnected electric generation, transmission, and distribution system, including 10 generating stations with an aggregate capability of 6,304 megawatts; and a transmission system comprising 52 substations and 4,949 structure miles of lines in Oklahoma, and 7 substations and 277 structure miles of lines in Arkansas. Its distribution system consisted of 346 substations, 29,317 structure miles of overhead lines, 2,824 miles of underground conduit, and 10,875 miles of underground conductors in Oklahoma, as well as 30 substations, 2,785 structure miles of overhead lines, 282 miles of underground conduit, and 689 miles of underground conductors in Arkansas. OGE Energy Corp. was founded in 1995 and is headquartered in Oklahoma City, Oklahoma.

Recent Trading Activity for OGE Energy Corp. (NYSE:OGE)
Shares of OGE Energy Corp. closed the previous trading session at 38,87 −0,14 0,36 % with shares trading hands.

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