Analysts Offer Insights on Utilities Companies: Evergy Inc (NYSE: EVRG) and OGE Energy (NYSE: OGE)

By Carrie Williams

Analysts fell to the sidelines weighing in on Evergy Inc (EVRGResearch Report) and OGE Energy (OGEResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Evergy Inc (EVRG)

In a report released today, Daniel Ford from UBS maintained a Hold rating on Evergy Inc, with a price target of $68. The company’s shares closed last Monday at $65.55, close to its 52-week high of $66.01.

According to TipRanks.com, Ford is a 5-star analyst with an average return of 7.8% and a 67.3% success rate. Ford covers the Utilities sector, focusing on stocks such as Hawaiian Electric Industries, Pinnacle West Capital Corp, and Public Service Enterprise.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Evergy Inc with a $68 average price target.

See today’s analyst top recommended stocks >>

OGE Energy (OGE)

Mizuho Securities analyst Anthony Crowdell maintained a Hold rating on OGE Energy today and set a price target of $45. The company’s shares closed last Monday at $44.95, close to its 52-week high of $45.01.

According to TipRanks.com, Crowdell is ranked #2313 out of 5552 analysts.

OGE Energy has an analyst consensus of Moderate Buy, with a price target consensus of $42.50.

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