Mizuho Securities Stick to Their Buy Rating for Atmos Energy Corp.

Investing.com

Published Nov 28, 2021 02:25AM ET


Mizuho Securities analyst Gabe Moreen maintained a Buy rating on Atmos Energy (NYSE:ATO) Corp. on Friday, setting a price target of $110, which is approximately 17.80% above the present share price of $93.38.

Moreen expects Atmos Energy Corp . to post earnings per share (EPS) of $0.35 for the fourth quarter of 2021.

The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Atmos Energy, with an average price target of $114.33.
The analysts price targets range from a high of $119 to a low of $110.

In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $568.38 million and a net profit of $90.96 million. The company's market cap is $12.58 billion.

According to TipRanks.com, Mizuho Securities analyst Gabe Moreen is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -1.3% and a 52.63% success rate.

Atmos Energy Corp. engages in the regulated natural gas distribution and pipeline and storage businesses. It operates through the Distribution, and Pipeline and Storage business segments. The Distribution segment comprises regulated natural gas distribution and related sales operations. The Pipeline and Storage segment includes the pipeline and storage operations of Atmos Pipeline-Texas division and natural gas transmission operations in Louisiana. The company was founded in 1983 and is headquartered in Dallas, TX.

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