Stock To Watch: Laclede Group, Inc. (NYSE:LG)


The leading market experts have placed a mean price target of $65.00 on Laclede Group, Inc. (NYSE:LG) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.00 a share for the upcoming quarter and $3.37 for the current fiscal. Technical View The technical analysis of Laclede Gas Company Common Stoc plainly substantiates that the 50-day moving average of Laclede Gas Company Common Stoc is $66.26, and stock is hovering -2.60 or -3.93% distant from $66.26. It is noted that the 200-day MA is $61.63, and Laclede Gas Company Common Stoc stock is $2.03 or +3.30% off from this point. Laclede Group, Inc. (NYSE:LG) 52-week high is $68.79 and the 52-week low is $49.66. This explains if the stock moves $-5.13, it will post a 52-week high. In event of $+28.19% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Laclede Gas Company Common Stoc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Laclede Group, Inc. (NYSE:LG) ratio came in at N/A. The stock last ended the trading session at $63.66 and registered a market cap of $N/A. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Laclede Group, Inc. (NYSE:LG) PEG ratio is at 0.00.

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