Fintel reports that on December 18, 2024, Wells Fargo downgraded their outlook for ONEOK (XTRA:ONK) from Overweight to Equal-Weight.
Analyst Price Forecast Suggests 7.95% Upside
As of December 3, 2024, the average one-year price target for ONEOK is 106,35 €/share. The forecasts range from a low of 85,65 € to a high of 146,36 €. The average price target represents an increase of 7.95% from its latest reported closing price of 98,52 € / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for ONEOK is 26,972MM, an increase of 35.31%. The projected annual non-GAAP EPS is 5.03.
What is the Fund Sentiment?
There are 2,241 funds or institutions reporting positions in ONEOK. This is an increase of 60 owner(s) or 2.75% in the last quarter. Average portfolio weight of all funds dedicated to ONK is 0.46%, an increase of 1.64%. Total shares owned by institutions increased in the last three months by 1.28% to 474,071K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 18,496K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 18,443K shares , representing an increase of 0.29%. The firm increased its portfolio allocation in ONK by 5.26% over the last quarter.
Charles Schwab Investment Management holds 17,481K shares representing 2.99% ownership of the company. In its prior filing, the firm reported owning 16,819K shares , representing an increase of 3.79%. The firm decreased its portfolio allocation in ONK by 8.36% over the last quarter.
XLE - The Energy Select Sector SPDR Fund holds 15,564K shares representing 2.66% ownership of the company. In its prior filing, the firm reported owning 16,157K shares , representing a decrease of 3.81%. The firm increased its portfolio allocation in ONK by 14.94% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 15,297K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 14,980K shares , representing an increase of 2.07%. The firm increased its portfolio allocation in ONK by 5.01% over the last quarter.
SCHD - Schwab U.S. Dividend Equity ETF holds 13,747K shares representing 2.35% ownership of the company. In its prior filing, the firm reported owning 13,438K shares , representing an increase of 2.25%. The firm increased its portfolio allocation in ONK by 6.35% over the last quarter.
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