MDU Resources Group Given Consensus Recommendation of “Hold” by Brokerages (NYSE:MDU)
MDU Resources Group (NYSE:MDU) has earned a consensus rating of “Hold” from the eleven analysts that are currently covering the stock, Analyst Ratings Network.com reports. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $35.86.
MDU Resources Group (NYSE:MDU) opened at 33.79 on Thursday. MDU Resources Group has a 52 week low of $25.94 and a 52 week high of $36.05. The stock has a 50-day moving average of $33.84 and a 200-day moving average of $33.43. The company has a market cap of $6.474 billion and a P/E ratio of 23.29.
MDU Resources Group (NYSE:MDU) last announced its earnings results on Wednesday, April 30th. The company reported $0.32 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.33 by $0.01. Analysts expect that MDU Resources Group will post $1.63 EPS for the current fiscal year.
A number of research firms have recently commented on MDU. Analysts at Wells Fargo & Co. initiated coverage on shares of MDU Resources Group in a research note on Thursday. They set a “market perform” rating on the stock. Separately, analysts at DA Davidson reiterated a “buy” rating on shares of MDU Resources Group in a research note on Friday, May 2nd. They now have a $42.00 price target on the stock. Finally, analysts at Davidson raised their price target on shares of MDU Resources Group from $38.00 to $42.00 in a research note on Friday, May 2nd. They now have a “buy” rating on the stock.
MDU Resources Group, Inc is a diversified natural resource company. Montana-Dakota Utilities Co (NYSE:MDU) is a public utility division of the Company.
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