# OGE Energy Corp. – Consensus ‘buy’ rating and 3.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/oge-energy-corp.consensus-buy-rating-and-3.6-upside-potential/4121131674
- Published: 2023-11-01T15:13:39+00:00
- Author: Charlotte Edwards

**OGE Energy Corp.** which can be found using ticker (OGE) have now 7 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The range
between the high target price and low target price is between $39.00 and $32.00 
suggesting an average Analsyt target price of $35.43. Now with the previous closing
price of $34.20 and the analysts are correct then there would likely be a percentage
uptick in value of 3.6%. The 50 day moving average now sits at $34.09 and the 200
moving average now moves to $36.02. The company has a market capitalization of 6.81B.
The stock price is currently at: $34.01 USD

 The potential market cap would be $7,056,745,014 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 15.53, revenue per share of $15.71
and a 3.12% return on assets.

OGE Energy Corp. is a holding company with investments in energy and energy services
providers, which offers physical delivery and related services for electricity in
Oklahoma and western Arkansas. The Company also holds investments in Enable and 
Energy Transfer, which offers natural gas, crude oil and NGL services. It operates
through two segments: electric company operations and natural gas midstream operations.
Electric company operations segment operates through its subsidiary OG&E, which 
generates, transmits, distributes and sells electric energy in Oklahoma and western
Arkansas. OG&E franchised service territory includes Fort Smith, Arkansas and the
surrounding communities. Natural gas midstream operations segment included its investment
in Energy Transfer’s equity securities acquired in the Enable/Energy Transfer merger.
The segment also includes legacy Enable seconded employee pension and postretirement
costs.

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