Analyst Price Target is $39.00
▲ +9.34% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for OGE Energy in the last 3 months. The average price target is $39.00, with a high forecast of $42.00 and a low forecast of $36.00. The average price target represents a 9.34% upside from the last price of $35.67.
Current Consensus is
Hold
The current consensus among 7 polled investment analysts is to hold stock in OGE Energy. This Hold consensus rating has held steady for over two years.
OGE Energy Corp. is a holding company with investments in energy and energy service providers, offering physical delivery and related services for electricity in Oklahoma and western Arkansas and natural gas, crude oil and NGLs across the U.S. OGE Energy conducts these activities through two business segments: Electric Utility and Natural Gas Midstream Operations. The Electric Utility segment operations are conducted through OG&E, which generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas. OG&E's rates are subject to regulation by the OCC, the APSC, and the FERC. OG&E was incorporated in 1902 under the laws of the Oklahoma Territory and is a wholly owned subsidiary of OGE Energy. OG&E is an electric utility with franchised service territory in Oklahoma, as well as Fort Smith, Arkansas, and the surrounding communities. OG&E sold its retail natural gas business in 1928 and is no longer engaged in the natural gas distribution business. The Natural Gas Midstream Operations segment represents OGE Energy's investment in Energy Transfer's equity securities. The investment in Energy Transfer's equity securities is held through wholly owned subsidi
Read More