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Oge Energy Corporation (OGE) [hlAlert]

Rating:
Buy OGE
down 10.78 %

Oge Energy Corporation (OGE) rated Buy with price target $38 by Argus

Posted on: Friday,  Apr 10, 2015  3:25 PM ET by Argus

Argus rated Buy Oge Energy Corporation (NYSE: OGE) on 04/10/2015, when the stock price was $31.99. Since
then, Oge Energy Corporation has lost 10.78% as of 01/14/2016's recent price of $28.54.
If you would have followed this Argus's recommendation on OGE, you would have lost 10.78% of your investment in 279 days.

OGE Energy Corp. is a public utility holding company. The company's principal subsidiary is Oklahoma Gas and Electric Company, a regulated public utility engaged in the generation, transmission and distribution of electricity to retail and wholesale customers. Its other subsidiary is Enogex Inc. Enogex owns and operates natural gas transmission and gathering pipelines, has interests in several gas processing plants, markets electricity, natural gas and natural gas liquids and invests in the drilling for and production of crude oil and natural gas.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/10/2015 3:25 PM Buy
None
31.99 38.00
as of 8/27/2015
1 Week down  -6.27 %
1 Month down  -2.39 %
3 Months down  -10.02 %
1 YTD down  -10.78 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/11/2014 12:00 AM Buy
None
37.42 44.00
3/19/2013 8:25 AM Hold
None
33.61
3/8/2011 3:25 PM Buy
None
24.78 28.50

(*) Stock Price at the time of the recommendation.
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