ONE Gas (NYSE:OGS) had its price objective lowered by equities research analysts at Morgan Stanley from $69.00 to $65.00 in a research report issued to clients and investors on Tuesday. The brokerage currently has an “underweight” rating on the utilities provider’s stock. Morgan Stanley’s price objective would suggest a potential downside of 4.00% from the stock’s current price.
A number of other equities analysts also recently commented on the stock. Zacks Investment Research downgraded shares of ONE Gas from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Jefferies Group restated a “sell” rating and set a $63.00 price objective on shares of ONE Gas in a research report on Wednesday, December 20th. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a strong buy rating to the company’s stock. ONE Gas has an average rating of “Hold” and a consensus target price of $71.25.
ONE Gas (NYSE OGS) opened at $67.71 on Tuesday. The company has a market cap of $3,565.59, a price-to-earnings ratio of 22.72, a price-to-earnings-growth ratio of 3.77 and a beta of 0.03. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.73 and a current ratio of 1.14. ONE Gas has a 12-month low of $63.06 and a 12-month high of $79.51.
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ONE Gas Company Profile
ONE Gas, Inc is a regulated natural gas distribution utility in the United States. The Company provides natural gas distribution services. The Company distributes natural gas in Oklahoma, Kansas and Texas. The Company serves residential, commercial and industrial, transportation and wholesale and public authority customers.
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