Seaport Global Positive On ONEOK (OKE) with $60 Target; Profile of 4 Analysts Covering General Mills, Inc. (GIS)

General Mills, Inc. (NYSE:GIS) Logo

Seaport Global has started its coverage on ONEOK (NYSE:OKE), today Tuesday, 17 April. The firm finds the stock of OKE attractive and has target price of $60 with Neutral rating.

Among 24 analysts covering General Mills Inc. (NYSE:GIS), 4 have Buy rating, 3 Sell and 17 Hold. Therefore 17% are positive. General Mills Inc. had 84 analyst reports since July 21, 2015 according to SRatingsIntel. Consumer Edge downgraded the shares of GIS in report on Tuesday, September 20 to “Underperform” rating. The company was maintained on Thursday, September 22 by UBS. The stock has “Hold” rating by Stifel Nicolaus on Thursday, June 29. Barclays Capital maintained the stock with “Equal Weight” rating in Wednesday, December 21 report. The rating was maintained by Credit Suisse on Wednesday, March 28 with “Hold”. Stifel Nicolaus maintained the stock with “Hold” rating in Monday, September 18 report. Piper Jaffray maintained the shares of GIS in report on Wednesday, September 20 with “Sell” rating. Goldman Sachs reinitiated the shares of GIS in report on Tuesday, December 1 with “Neutral” rating. UBS maintained the stock with “Neutral” rating in Thursday, March 22 report. The company was initiated on Wednesday, February 24 by UBS. See General Mills, Inc. (NYSE:GIS) latest ratings:

28/03/2018 Broker: Credit Suisse Rating: Hold New Target: $46.0000 Maintain
27/03/2018 Broker: Piper Jaffray Rating: Hold New Target: $47.0000 Maintain
26/03/2018 Broker: Susquehanna Rating: Buy New Target: $52.0000 Upgrade
22/03/2018 Broker: Barclays Capital Rating: Hold New Target: $48.0000
23/03/2018 Broker: Susquehanna Old Rating: Neutral New Rating: Positive Upgrade
22/03/2018 Broker: UBS Old Rating: Neutral New Rating: Neutral Old Target: $58 New Target: $48 Maintain
22/03/2018 Broker: RBC Capital Markets Rating: Hold New Target: $52.0 Maintain
21/03/2018 Broker: Piper Jaffray Rating: Hold New Target: $49.0 Maintain
21/03/2018 Broker: J.P. Morgan Rating: Hold New Target: $44.0
21/03/2018 Broker: BMO Capital Markets Rating: Hold New Target: $51.0 Maintain

Among 21 analysts covering ONEOK (NYSE:OKE), 9 have Buy rating, 0 Sell and 12 Hold. Therefore 43% are positive. ONEOK has $72 highest and $24 lowest target. $56.83’s average target is -4.90% below currents $59.76 stock price. ONEOK had 74 analyst reports since August 11, 2015 according to SRatingsIntel. The stock has “Perform” rating by Oppenheimer on Friday, January 22. Robert W. Baird maintained it with “Hold” rating and $54.0 target in Thursday, September 14 report. UBS upgraded the stock to “Buy” rating in Wednesday, June 14 report. The firm has “Outperform” rating by Credit Suisse given on Thursday, August 3. Barclays Capital maintained it with “Equal Weight” rating and $27 target in Wednesday, December 16 report. The firm has “Buy” rating given on Monday, January 11 by Argus Research. As per Monday, March 28, the company rating was initiated by RBC Capital Markets. Credit Suisse upgraded ONEOK, Inc. (NYSE:OKE) on Thursday, December 31 to “Outperform” rating. The company was downgraded on Wednesday, May 18 by US Capital Advisors. BMO Capital Markets maintained the shares of OKE in report on Tuesday, October 17 with “Buy” rating.

The stock increased 0.02% or $0.01 during the last trading session, reaching $59.76. About 753,734 shares traded. ONEOK, Inc. (NYSE:OKE) has risen 7.29% since April 17, 2017 and is uptrending. It has underperformed by 4.26% the S&P500.

ONEOK, Inc., through its general partner interests in ONEOK Partners, L.P., engages in the gathering, processing, storage, and transportation of natural gas in the United States. The company has market cap of $24.57 billion. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines divisions. It has a 46.33 P/E ratio. It owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions.

Investors sentiment decreased to 1.18 in 2017 Q4. Its down 1.64, from 2.82 in 2017Q3. It worsened, as 49 investors sold ONEOK, Inc. shares while 194 reduced holdings. 76 funds opened positions while 211 raised stakes. 270.44 million shares or 2.16% more from 264.73 million shares in 2017Q3 were reported. Ronna Sue Cohen, Utah-based fund reported 41,641 shares. Mark Sheptoff Financial Planning holds 400 shares. Wright Invsts Service holds 0.26% of its portfolio in ONEOK, Inc. (NYSE:OKE) for 14,320 shares. Caprock Grp Incorporated holds 0.13% or 11,763 shares in its portfolio. Utah Retirement holds 0.07% of its portfolio in ONEOK, Inc. (NYSE:OKE) for 66,494 shares. Sasco Cap Incorporated Ct holds 4.4% or 2.25 million shares in its portfolio. Highlander Cap Mngmt Ltd Com holds 2,067 shares. Moreover, Covington Mngmt has 0% invested in ONEOK, Inc. (NYSE:OKE) for 400 shares. Commerzbank Aktiengesellschaft Fi reported 4,206 shares or 0% of all its holdings. Ferguson Wellman Mgmt owns 16,158 shares. Shine Investment Advisory Svcs Inc accumulated 223 shares. Vigilant Cap Ltd has 0% invested in ONEOK, Inc. (NYSE:OKE). Putnam Ltd invested in 0% or 5,726 shares. Patten Grp Incorporated has invested 0% of its portfolio in ONEOK, Inc. (NYSE:OKE). Botty Invsts Ltd Liability Com reported 0.22% of its portfolio in ONEOK, Inc. (NYSE:OKE).

Analysts await ONEOK, Inc. (NYSE:OKE) to report earnings on May, 1 after the close. They expect $0.64 earnings per share, up 56.10% or $0.23 from last year’s $0.41 per share. OKE’s profit will be $263.08 million for 23.34 P/E if the $0.64 EPS becomes a reality. After $0.52 actual earnings per share reported by ONEOK, Inc. for the previous quarter, Wall Street now forecasts 23.08% EPS growth.

Since January 9, 2018, it had 0 insider buys, and 1 sale for $517,458 activity. Quam Bethany C. sold 8,712 shares worth $517,458.

The stock decreased 0.11% or $0.05 during the last trading session, reaching $45.19. About 1.70 million shares traded. General Mills, Inc. (NYSE:GIS) has declined 22.93% since April 17, 2017 and is downtrending. It has underperformed by 34.48% the S&P500.

ONEOK, Inc. (NYSE:OKE) Institutional Positions Chart