Stock Analysis:ONE Gas (NYSE:OGS) Stock Target Has Been Increased
In an interesting research report revealed to clients by Jefferies & Co on Thursday morning, ONE Gas (NYSE:OGS) had its target price increased to $44.00. The firm currently has a solid Hold rating on shares.
Approximately 28,969 shares of stock traded hands. ONE Gas Inc (NYSE:OGS) has risen 16.20% since April 30, 2015 and is uptrending. It has outperformed by 16.49% the S&P500.
ONE Gas, Inc. is an independent natural gas utility in the United States. The company has a market cap of $2.52 billion. The Firm is a natural gas distributor in Oklahoma, Kansas and Texas. It has 22.12 P/E ratio. The Firm provides natural gas distribution services approximately to two million clients through its divisions in Oklahoma, Kansas and Texas.
According to Zacks Investment Research, “ONE Gas, Inc. is a natural gas local distribution company. The company operates primarily in Oklahoma, Kansas and Texas through Oklahoma Natural Gas, Kansas Gas Service and Texas Gas Service. ONE Gas, Inc. is based in Tulsa, United States.” Get a free copy of the Zacks research report on ONE Gas Inc (OGS).