OGE Energy (OGE) Stock Forecast & Price Target

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$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

Hold
Based on 5 Analyst Ratings

Consensus Price Target

$33.60
-4.30% Downside

High Forecast	$35.00
Average Forecast	$33.60
Low Forecast	$32.00

Type	Current 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% Downside	4.71% 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.

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.

OGE Energy Stock vs. The Competition

Type	OGE Energy	Utilities Companies	S&P 500
Consensus Rating Score	2.00	2.45	2.50
Consensus Rating	Hold	Hold	Hold
Predicted Upside	-4.30% Downside	70.27% Upside	11.30% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
6/18/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$34.00 ➝ $35.00	-0.09%
5/23/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Eade Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
1/16/2024	LADENBURG THALM/SH SH Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$36.00 ➝ $34.00	-1.02%
11/28/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$34.00 ➝ $35.00	-0.40%
10/9/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$36.00 ➝ $32.00	-2.38%
10/4/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$35.00 ➝ $32.00	-0.56%
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2/24/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$41.00 ➝ $39.00	+4.64%
12/14/2022	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$42.00	+3.58%
10/27/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		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.