Analysis: Questar Corporation (NYSE:STR) Price Target Upgraded Today
In an interesting research report revealed to investors and clients by Jefferies & Co on Thursday, 3 December, the firm, Questar Corporation (NYSE:STR), had their target cut to $20.00. Analusts at present have a solid Hold rating on the stock.
From a total of 7 analysts covering Questar Corporation (NYSE:STR) stock, 1 rate it a ”Buy”, 1 a “Sell”, and 3 a ”Hold”. This means that 20% of the ratings are positive. The highest target price is $26 while the lowest target price is $19. The mean of all analyst targets is $21.79 with a 9.20% above today’s ($18.47) stock price. Questar Corporation was the topic of 4 analyst reports since August 20, 2015 according to the firm StockzIntelligence Inc. UBS initiated shares on December 1 with “Neutral” rating.
Approximately 481,712 shares of stock traded hands. Questar Corporation (NYSE:STR) has declined 19.75% since April 30, 2015 and is downtrending. It has underperformed by 19.46% the S&P500.
Questar Corporation is an integrated natural gas holding firm that develops, produces and delivers clean energy in the Rockies, North America. The company has a market cap of $3.29 billion. The company, through its subsidiaries is principally engaged in three line of business: Questar Gas Company (Questar Gas), which provides retail natural gas distribution in Utah, Wyoming and Idaho; Wexpro Company (Wexpro) that develops and produces natural gas from cost-of-service reserves for Questar Gas customers, and Questar Pipeline Company, which operates interstate natural gas pipelines and storage facilities in the western United States and provides other energy services. It has 14.79 P/E ratio.
According to Zacks Investment Research, “Questar is a Rockies-based integrated natural gas company. They operate through three principal subsidiaries: Questar Gas provides retail natural gas distribution in Utah, Wyoming and Idaho; Wexpro develops and produces natural gas from cost-of-service reserves for Questar Gas customers; and Questar Pipeline operates interstate natural gas pipelines and storage facilities in the western U.S. and provides other energy services.” Get a free copy of the Zacks research report on Questar Corporation (STR).