Oneok Partners LP (NYSE:OKS) had its price target reduced by Credit Suisse from $57.00 to $54.00 in a research report sent to investors on Wednesday morning, AnalystRatings.Net reports.
A number of other firms have also recently commented on OKS. Analysts at Barclays raised their price target on shares of Oneok Partners LP from $56.00 to $57.00 in a research note to investors on Wednesday. Separately, analysts at Goldman Sachs Group Inc. upgraded shares of Oneok Partners LP from a sell rating to a neutral rating in a research note to investors on Wednesday, November 20th. They now have a $57.00 price target on the stock, up previously from $55.00. Finally, analysts at Zacks reiterated a neutral rating on shares of Oneok Partners LP in a research note to investors on Thursday, November 7th. They now have a $56.00 price target on the stock. Eight research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Oneok Partners LP currently has a consensus rating of Hold and a consensus price target of $56.92.
Shares of Oneok Partners LP (NYSE:OKS) traded down 0.02% during mid-day trading on Wednesday, hitting $52.408. The stock had a trading volume of 30,627 shares. Oneok Partners LP has a 1-year low of $45.40 and a 1-year high of $61.34. The stock has a 50-day moving average of $53.60 and a 200-day moving average of $51.57. The company has a market cap of $12.138 billion and a price-to-earnings ratio of 22.42.
Oneok Partners LP (NYSE:OKS) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.35 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.64 by $0.29. During the same quarter last year, the company posted $0.78 earnings per share. Analysts expect that Oneok Partners LP will post $2.32 EPS for the current fiscal year.
ONEOK Partners, L.P. (NYSE:OKS) is engaged in gathering, processing, storage and transportation of natural gas in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.