OGE Energy Corp
OGE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$76.00 | Dntxpcl | Pmpmlhrfq |
Utilities Finally Feel Heat From Rising Interest Rates; Sector Cheapest Since 2009
We are reaffirming our fair value estimates and economic moat ratings for all U.S. utilities after the sector fell nearly 5% on Monday. We think the sector's 11% drop since last week offers a rare opportunity for investors to buy high-quality utilities at very attractive prices.