National Fuel Gas (NFG) Upgraded at Sidoti
National Fuel Gas (NYSE:NFG) was upgraded by investment analysts at Sidoti from a “neutral” rating to a “buy” rating in a research report issued on Tuesday.
NFG has been the subject of several other reports. Jefferies Group reaffirmed a “hold” rating and set a $58.00 target price on shares of National Fuel Gas in a research note on Wednesday, December 20th. Scotiabank set a $61.00 target price on shares of National Fuel Gas and gave the company a “hold” rating in a research note on Saturday, November 25th. Zacks Investment Research cut shares of National Fuel Gas from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. Finally, TheStreet cut shares of National Fuel Gas from a “b-” rating to a “c” rating in a research note on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. National Fuel Gas currently has a consensus rating of “Hold” and an average target price of $61.33.
Shares of National Fuel Gas (NYSE:NFG) opened at $54.91 on Tuesday. The company has a market cap of $4,699.32, a price-to-earnings ratio of 16.64, a PEG ratio of 6.11 and a beta of 0.94. National Fuel Gas has a 52-week low of $53.03 and a 52-week high of $61.25. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.16 and a current ratio of 1.27.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its stake in shares of National Fuel Gas by 1.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,836 shares of the oil and gas producer’s stock worth $103,000 after buying an additional 34 shares in the last quarter. Cable Hill Partners LLC purchased a new position in shares of National Fuel Gas in the 3rd quarter worth $119,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of National Fuel Gas by 18.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,878 shares of the oil and gas producer’s stock worth $161,000 after buying an additional 445 shares in the last quarter. San Francisco Sentry Investment Group CA purchased a new position in shares of National Fuel Gas in the 2nd quarter worth $168,000. Finally, Oakbrook Investments LLC purchased a new position in shares of National Fuel Gas in the 3rd quarter worth $201,000. 71.48% of the stock is owned by institutional investors.
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National Fuel Gas Company Profile
National Fuel Gas Company is a holding company. The Company is an energy company engaged principally in the production, gathering, transportation, distribution and marketing of natural gas. The Company operates in five business segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing.
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