Wells Fargo Maintains Rating and Raises Price Target for OGE Energy | OGE Stock News

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May 01, 2025
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On May 1, 2025, Wells Fargo analyst Sarah Akers announced an update regarding OGE Energy (OGE, Financial). The firm maintained its current rating of 'Equal-Weight' for the stock. This indicates that Wells Fargo believes the stock is expected to perform in line with the broader market.

In addition to maintaining the rating, Wells Fargo has adjusted its price target for OGE Energy (OGE, Financial), raising it from $46.00 to $47.00 USD. This increase represents a 2.17% change in the price target, reflecting an optimistic outlook for the company's future performance.

Investors should note that while the rating remains unchanged, the updated price target suggests a positive yet cautious stance on the stock's potential growth in the near term.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 10 analysts, the average target price for OGE Energy Corp (OGE, Financial) is $44.81 with a high estimate of $52.00 and a low estimate of $39.11. The average target implies an downside of 0.34% from the current price of $44.97. More detailed estimate data can be found on the OGE Energy Corp (OGE) Forecast page.

Based on the consensus recommendation from 12 brokerage firms, OGE Energy Corp's (OGE, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for OGE Energy Corp (OGE, Financial) in one year is $39.61, suggesting a downside of 11.91% from the current price of $44.965. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the OGE Energy Corp (OGE) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.