Oneok Partners Receives Consensus Rating of “Hold” from Analysts (NYSE:OKS)
Oneok Partners (NYSE:OKS) has earned a consensus recommendation of “Hold” from the thirteen analysts that are presently covering the company, Stock Ratings Network reports. Eight equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $60.00.
A number of research firms have recently commented on OKS. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Oneok Partners in a research note on Friday, July 25th. They now have a $65.00 price target on the stock, up previously from $60.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Oneok Partners in a research note on Wednesday, May 21st. They now have a $58.00 price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Oneok Partners in a research note on Thursday, May 8th. They now have a $59.00 price target on the stock, up previously from $55.00.
Oneok Partners (NYSE:OKS) opened at 56.08 on Monday. Oneok Partners has a 52-week low of $48.15 and a 52-week high of $59.11. The stock has a 50-day moving average of $57.31 and a 200-day moving average of $55.11. The company has a market cap of $13.070 billion and a P/E ratio of 20.42.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, August 14th. Investors of record on Monday, August 4th will be paid a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a dividend yield of 5.42%. The ex-dividend date of this dividend is Thursday, July 31st. This is a positive change from Oneok Partners’s previous quarterly dividend of $0.75.
ONEOK Partners, L.P. (NYSE:OKS) is engaged in gathering, processing, storage and transportation of natural gas in the United States.
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