In a recent update, Barclays has revised its outlook on OGE Energy (OGE, Financial), upgrading the stock from an "Equal-Weight" rating to "Overweight." This reflects a more optimistic view of the company's potential for growth and performance in the coming months.
The analyst behind this upgrade, Nicholas Campanella, has also raised the price target for OGE Energy. The new price target is set at $47.00, up from the previous target of $45.00. This adjustment represents a 4.44% increase in the price target, indicating confidence in the stock’s upward trajectory.
OGE Energy (OGE, Financial), traded under ticker OGE, has been attracting attention with this recent analyst action. The upgrade by Barclays is noteworthy for investors tracking the stock's movements and market positioning. With the revised target, OGE Energy is positioned to potentially offer positive returns, aligning with Barclays' "Overweight" stance.
As of June 5, 2025, these updates provide valuable insights for stakeholders and market participants monitoring OGE Energy (OGE, Financial), especially those considering investment opportunities in the energy sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for OGE Energy Corp (OGE, Financial) is $45.26 with a high estimate of $52.00 and a low estimate of $39.11. The average target implies an upside of 3.43% from the current price of $43.76. 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 $41.04, suggesting a downside of 6.22% from the current price of $43.76. 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.
