▲ +7.72% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Atmos Energy in the last 3 months. The average price target is $109.70, with a high forecast of $116.00 and a low forecast of $99.00. The average price target represents a 7.72% upside from the last price of $101.84.
The current consensus among 5 investment analysts is to buy stock in Atmos Energy. This rating has held steady since August 2019, when it changed from a Hold consensus rating.
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates in two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately three million residential, commercial, public authority, and industrial customers. As of September 30, 2020, it owned 71,558 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage reservoirs in Texas; and provides ancillary services to the pipeline industry, including parking arrangements, lending, and inventory sales. As of September 30, 2020, it owned 5,684 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is headquartered in Dallas, Texas.