Gas Natural Inc (EGAS) Stock Rating Lowered by Wunderlich
Gas Natural Inc (AMEX:EGAS) was downgraded by investment analysts at Wunderlich from a “buy” rating to a “sell” rating in a research report issued to clients and investors on Tuesday. They currently have a $9.50 target price on the stock. Wunderlich’s target price indicates a potential downside of 24.36% from the company’s current price.
Gas Natural (AMEX:EGAS) opened at 12.56 on Tuesday. Gas Natural has a one year low of $6.50 and a one year high of $12.85. The company has a 50-day moving average price of $8.05 and a 200-day moving average price of $7.42. The company has a market capitalization of $132.07 million and a price-to-earnings ratio of 56.32.
About Gas Natural
Gas Natural Inc is a natural gas company. The Company operates through three segments: Natural Gas; Marketing and Production, and Corporate and Other. The Natural Gas segment annually distributes approximately 20 billion cubic feet of natural gas to its customers through regulated utilities operating in Maine, Montana, North Carolina and Ohio.
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