uploads///OKE anr

ONEOK and AmeriGas Partners: Target Price Revisions Last Week


Mar. 5 2019, Updated 12:55 p.m. ET

Analysts’ recommendations

On March 1, Stifel raised its target price for ONEOK (OKE) from $58 to $69. On February 27, Mizuho raised its target price for the stock from $70 to $73. Among the 21 analysts surveyed by Reuters covering ONEOK, eight recommended a “strong buy,” five recommended a “buy,” and eight recommended a “hold.” The mean target price for ONEOK is $70.6, which implies an upside potential of ~8% from its current price.

The above graph shows how analysts’ recommendations for ONEOK have changed over 12 months. More analysts rate the stock as a “buy” or “strong buy” than six months ago.

For Kinder Morgan (KMI), 90% of the analysts recommended a “buy” or “strong buy.” Similarly, 90% of the analysts covering Williams Companies (WMB) recommended a “buy” or “strong buy.”

Article continues below advertisement

UBS upgraded AmeriGas Partners

On February 25, UBS raised its rating for AmeriGas Partners (APU) from “sell” to “neutral.” UBS raised its target price for AmeriGas Partners from $23 to $31. Among the seven analysts covering AmeriGas Partners, two recommended a “strong buy,” three recommended a “hold,” and two recommended a “sell.” The mean target price for the stock is $34.2.

Enbridge’s (ENB) Line 3 Replacement project is expected to be delayed due to pending regulatory approvals. To learn more, read Enbridge’s Line 3 Replacement Project Gets Delayed.


More From Market Realist

    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.