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OGE Energy (OGE) Stock Forecast & Price Target

$35.11
-0.02 (-0.06%)
(As of 06/18/2024 ET)

OGE Energy - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$33.60
-4.30% Downside
High Forecast$35.00
Average Forecast$33.60
Low Forecast$32.00
TypeCurrent Forecast
6/20/23 to 6/19/24
1 Month Ago
5/21/23 to 5/20/24
3 Months Ago
3/22/23 to 3/21/24
1 Year Ago
6/20/22 to 6/20/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
5 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$33.60$33.40$33.40$39.00
Forecasted Upside-4.30% Downside-1.19% Downside-0.96% Downside4.71% Upside
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OGE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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OGE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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OGE Energy Stock vs. The Competition

TypeOGE EnergyUtilities CompaniesS&P 500
Consensus Rating Score
2.00
2.45
2.50
Consensus RatingHoldHoldHold
Predicted Upside-4.30% Downside70.27% Upside11.30% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/18/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$34.00 ➝ $35.00-0.09%
5/23/2024Argus
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J. Eade
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DowngradeBuy ➝ Hold
1/16/2024LADENBURG THALM/SH SH
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 DowngradeBuy ➝ Neutral$36.00 ➝ $34.00-1.02%
11/28/2023Mizuho
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 Boost TargetNeutral ➝ Neutral$34.00 ➝ $35.00-0.40%
10/9/2023Guggenheim
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 Lower Target$36.00 ➝ $32.00-2.38%
10/4/2023UBS Group
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 Lower TargetNeutral ➝ Neutral$35.00 ➝ $32.00-0.56%
2/24/2023Bank of America
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 DowngradeBuy ➝ Neutral$41.00 ➝ $39.00+4.64%
12/14/2022Wells Fargo & Company
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 Boost Target$42.00+3.58%
10/27/2022Credit Suisse Group
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 Lower Target$36.00-0.08%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:09 AM ET.

OGE Forecast - Frequently Asked Questions

What is OGE Energy's stock forecast and purchase recommendation?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for OGE Energy is $33.60, with a high forecast of $35.00 and a low forecast of $32.00. The consensus rating for OGE Energy stock is Hold based on the current 5 hold ratings for OGE. Learn more on OGE's analyst rating history.

Do Wall Street analysts like OGE Energy more than its competitors?

Analysts like OGE Energy less than other "utilities" companies. The consensus rating score for OGE Energy is 2.00 while the average consensus rating score for "utilities" companies is 2.44. Learn more on how OGE compares to other companies.

Is OGE Energy being downgraded by Wall Street analysts?

Over the previous 90 days, OGE Energy's stock had 2 downgrades by analysts.

Does OGE Energy's stock price have much downside?

According to analysts, OGE Energy's stock has a predicted downside of -1.23% based on their 12-month stock forecasts.

What analysts cover OGE Energy?

OGE Energy has been rated by research analysts at Argus, and Barclays in the past 90 days.


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This page (NYSE:OGE) was last updated on 6/19/2024 by MarketBeat.com Staff

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