Oneok Partners LP (NYSE:OKS) was upgraded by Goldman Sachs Group Inc. from a “sell” rating to a “neutral” rating in a research note issued on Wednesday, TheFlyOnTheWall.com reports.
OKS has been the subject of a number of other recent research reports. Analysts at Credit Suisse raised their price target on shares of Oneok Partners LP from $55.00 to $56.00 in a research note to investors on Thursday, November 7th. They now have a “neutral” rating on the stock. Separately, 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. Finally, analysts at Jefferies Group upgraded shares of Oneok Partners LP from a “hold” rating to a “buy” rating in a research note to investors on Thursday, October 10th. They now have a $62.00 price target on the stock, up previously from $56.00. Ten equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Oneok Partners LP currently has a consensus rating of “Hold” and an average price target of $56.91.
Oneok Partners LP (NYSE:OKS) opened at 52.75 on Wednesday. Oneok Partners LP has a 52 week low of $45.40 and a 52 week high of $61.34. The stock’s 50-day moving average is $53.30 and its 200-day moving average is $51.49. The company has a market cap of $12.218 billion and a price-to-earnings ratio of 24.42.
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 $2.34 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.
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