AGL Resources Price Target Increased to $46.00 by Analysts at BMO Capital Markets (AGL)
Equities researchers at BMO Capital Markets increased their target price on shares of AGL Resources (NYSE:AGL) from $44.00 to $46.00 in a research report issued on Friday, AmericanBankingNews.com reports. The firm currently has an “underperform” rating on the stock. BMO Capital Markets’ price target suggests a potential upside of 12.39% from the company’s current price.
The company also recently declared a quarterly dividend, which is scheduled for Sunday, December 1st. Investors of record on Friday, November 15th will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 4.59%.
Separately, analysts at Barclays raised their price target on shares of AGL Resources from $37.00 to $46.00 in a research note to investors on Tuesday, August 6th. They now have an “equal weight” rating on the stock.
AGL Resources Inc (NYSE:AGL) is an energy services holding company, which is engaged in the distribution of natural gas in six states: Florida, Georgia, Maryland, New Jersey, Tennessee and Virginia.
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