The leading market experts have placed a mean price target of $37.56 on ONEOK Partners, L.P. (NYSE:OKS) 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 $0.59 a share for the upcoming quarter and $2.24 for the current fiscal. Technical View The technical analysis of ONEOK Partners, L.P. Common Sto plainly substantiates that the 50-day moving average of ONEOK Partners, L.P. Common Sto is $38.57, and stock is hovering 1.80 or +4.66% distant from $38.57. It is noted that the 200-day MA is $31.85, and ONEOK Partners, L.P. Common Sto stock is $8.52 or +26.76% off from this point. ONEOK Partners, L.P. (NYSE:OKS) 52-week high is $40.60 and the 52-week low is $21.86. This explains if the stock moves $-0.23, it will post a 52-week high. In event of $+84.68% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of ONEOK Partners, L.P. Common Sto, 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, ONEOK Partners, L.P. (NYSE:OKS) ratio came in at 38.30. The stock last ended the trading session at $40.37 and registered a market cap of $11.54B. 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. ONEOK Partners, L.P. (NYSE:OKS) PEG ratio is at 0.61.
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