Of the analysts surveyed by Reuters, 71% rated ONEOK (OKE) as a “hold.” Nearly 23% rated ONEOK as a “buy,” while 6% rated it as a “sell.” The consensus target price for ONEOK is $57.50. Currently, ONEOK is trading at $55.06. If ONEOK attains its price target in a year, it would mean 4% upside from its current levels. The high percentage of “hold” recommendations go well with the tiny upside potential that analysts forecast. It likely indicates the absence of any strong catalyst at the moment to move the stock in either direction.
As the above graph shows, analysts have turned more bullish on ONEOK compared to the beginning of 2017.
Nearly two-thirds of the surveyed analysts rated Kinder Morgan (KMI) as a “buy,” while the remaining one-third rated it as a “hold.” Analysts’ median target price for Kinder Morgan is $25.0 in a year. The target price implies 29% upside from Kinder Morgan’s current price of $19.32.
Nearly 78% of the analysts rated Williams Companies (WMB) as a “buy,” while 22% rated it as a “hold.” Williams Companies’ median target price of $34.30 implies nearly 14% upside potential from its current price of $29.99. To learn more about how Williams Companies compares with MLP general partners, read A Key Analysis of Master Limited Partnership Partners.