ONE Gas Stock Surpasses Analyst Target Price, Ratings Mixed

Market Reaction: ONE Gas stock crosses $72.44 target. As analysts assess the valuation, consensus ratings show a mix of strong buys and holds, indicating potential investor cautiousness.

Date: 17-01-2025

AI Rating: 6

Overview of Analyst Targets: Recently, ONE Gas, Inc. (Symbol: OGS) shares have surpassed the average analyst 12-month target price of $72.44, trading at $72.59/share. This situation prompts analysts to either downgrade due to valuation concerns or adjust their targets upwards based on revealing business developments.

Among the analysts, there is a spread of target prices with one set as low as $61.00 and another as high as $82.00, with a standard deviation of $7.037. Such variability highlights differing opinions within the analyst community regarding the stock's future performance.

Current Analyst Ratings: The report indicates varying ratings among analysts covering OGS, which includes 2 strong buy ratings and 7 hold ratings, but no sell ratings and one strong sell. This results in an average rating of 2.8 on a scale where 1 represents a strong buy and 5 represents a strong sell. The stability in hold ratings suggests analyst caution, despite the positive movement past the average target price.

Stocks: OGS