MDU Resources Group (NYSE:MDU)‘s stock had its “buy” rating reissued by stock analysts at KeyCorp in a note issued to investors on Friday. They presently have a $29.50 price target on the utilities provider’s stock. KeyCorp’s target price points to a potential upside of 10.24% from the stock’s current price.

Separately, Zacks Investment Research raised shares of MDU Resources Group from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $31.13.

Shares of MDU Resources Group (NYSE MDU) opened at $26.76 on Friday. The firm has a market cap of $5,300.56, a PE ratio of 22.81, a PEG ratio of 2.85 and a beta of 0.91. The company has a quick ratio of 1.01, a current ratio of 1.28 and a debt-to-equity ratio of 0.68. MDU Resources Group has a fifty-two week low of $25.14 and a fifty-two week high of $29.74.

MDU Resources Group (NYSE:MDU) last issued its earnings results on Wednesday, November 1st. The utilities provider reported $0.46 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by ($0.03). The firm had revenue of $1.27 billion during the quarter. MDU Resources Group had a net margin of 5.39% and a return on equity of 10.20%. During the same quarter last year, the firm posted $0.45 earnings per share. sell-side analysts expect that MDU Resources Group will post 1.19 EPS for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Global X Management Co. LLC lifted its stake in shares of MDU Resources Group by 220.3% in the second quarter. Global X Management Co. LLC now owns 6,198 shares of the utilities provider’s stock valued at $162,000 after purchasing an additional 4,263 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of MDU Resources Group by 8.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,671 shares of the utilities provider’s stock valued at $175,000 after purchasing an additional 537 shares during the period. Mosaic Family Wealth LLC lifted its stake in shares of MDU Resources Group by 5.7% in the second quarter. Mosaic Family Wealth LLC now owns 6,972 shares of the utilities provider’s stock valued at $183,000 after purchasing an additional 374 shares during the period. Ffcm LLC lifted its stake in shares of MDU Resources Group by 5.7% in the second quarter. Ffcm LLC now owns 7,360 shares of the utilities provider’s stock valued at $193,000 after purchasing an additional 396 shares during the period. Finally, Sei Investments Co. lifted its stake in shares of MDU Resources Group by 47.4% in the third quarter. Sei Investments Co. now owns 7,509 shares of the utilities provider’s stock valued at $195,000 after purchasing an additional 2,414 shares during the period. Hedge funds and other institutional investors own 63.61% of the company’s stock.

WARNING: “MDU Resources Group (MDU) Receives Buy Rating from KeyCorp” was first published by Watch List News and is the property of of Watch List News. If you are accessing this report on another website, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The correct version of this report can be accessed at https://www.watchlistnews.com/mdu-resources-group-mdu-receives-buy-rating-from-keycorp/1765210.html.

MDU Resources Group Company Profile

MDU Resources Group, Inc is engaged in regulated energy delivery and construction materials and services business. The Company’s businesses segments are electric, natural gas distribution, pipeline and midstream, construction materials and contracting, and construction services. The electric segment generates, transmits and distributes electricity.

Receive News & Ratings for MDU Resources Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MDU Resources Group and related companies with Analyst Ratings Network's FREE daily email newsletter.