Oneok Partners Given Consensus Rating of “Hold” by Analysts (NYSE:OKS)
Shares of Oneok Partners (NYSE:OKS) have been given an average rating of “Hold” by the ten analysts that are presently covering the company, ARN reports. Eight equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $60.30.
A number of research firms have recently commented on OKS. 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.
Oneok Partners (NYSE:OKS) opened at 58.54 on Thursday. Oneok Partners has a 1-year low of $49.17 and a 1-year high of $59.67. The stock has a 50-day moving average of $57.18 and a 200-day moving average of $55.81. The company has a market cap of $14.570 billion and a price-to-earnings ratio of 22.04.
Oneok Partners (NYSE:OKS) last released its earnings data 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 previous 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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