MDU Resources Group Receives Consensus Rating of “Hold” from Analysts (NYSE:MDU)
Shares of MDU Resources Group (NYSE:MDU) have received a consensus recommendation of “Hold” from the twelve analysts that are presently covering the company, ARN reports. Seven research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $32.71.
A number of analysts have recently weighed in on MDU shares. Analysts at Williams Capital raised their price target on shares of MDU Resources Group from $33.00 to $37.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Analysts at Barclays raised their price target on shares of MDU Resources Group from $31.00 to $35.00 in a research note to investors on Wednesday. They now have an “equal weight” rating on the stock.
MDU Resources Group (NYSE:MDU) opened at 32.03 on Friday. MDU Resources Group has a one year low of $23.10 and a one year high of $32.27. The stock’s 50-day moving average is $30.81 and its 200-day moving average is $29.22. The company has a market cap of $6.048 billion and a price-to-earnings ratio of 48.09.
MDU Resources Group (NYSE:MDU) last released its earnings data on Monday, February 3rd. The company reported $0.48 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.41 by $0.07. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.12 million. During the same quarter in the prior year, the company posted $0.40 earnings per share. The company’s quarterly revenue was up 9.6% on a year-over-year basis. Analysts expect that MDU Resources Group will post $1.59 EPS for the current fiscal year.
MDU Resources Group, Inc is a diversified natural resource company. Montana-Dakota Utilities Co (NYSE:MDU) is a public utility division of the Company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.