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Oneok Partners (NYSE:OKS) shares reached a new 52-week high during mid-day trading on Friday , ARN reports. The company traded as high as $59.48 and last traded at $59.43, with a volume of 109,167 shares. The stock had previously closed at $58.83.

Several analysts have recently commented on the stock. Analysts at RBC Capital raised their price target on shares of Oneok Partners from $58.00 to $59.00 in a research note on Wednesday, August 20th. They now have a “sector perform” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Oneok Partners in a research note on Thursday, August 7th. They now have a $58.00 price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Oneok Partners from $59.00 to $60.00 in a research note on Thursday, August 7th. They now have a “neutral” rating on the stock. Nine investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $60.30.

The stock has a 50-day moving average of $57.06 and a 200-day moving average of $55.72. The company has a market cap of $14.782 billion and a P/E ratio of 22.15.

Oneok Partners (NYSE:OKS) last announced its earnings results on Tuesday, August 5th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by $0.37. During the same quarter in the prior year, the company posted $0.62 earnings per share. Analysts expect that Oneok Partners will post $2.73 EPS for the current fiscal year.

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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