Atmos Energy Corporation with ticker code (ATO) have now 8 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 125 and 94 with a mean TP of 110.38. With the stocks previous close at 101.45 this now indicates there is a potential upside of 8.8%. There is a 50 day moving average of 100.09 and the 200 day moving average is 106.21. The company has a market capitalisation of $12,197m. Company Website: http://www.atmosenergy.com
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through Distribution, and Pipeline and Storage segments. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately three million residential, commercial, public authority, and industrial customers. As of September 30, 2019, it owned 70,875 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage reservoirs in Texas; and provides ancillary services to the pipeline industry, including parking arrangements, lending, and inventory sales. It owns 5,669 miles of gas transmission lines. The company was founded in 1906 and is headquartered in Dallas, Texas.