Enterprise Products Partners L.P. (EPD) : 20 analysts are covering Enterprise Products Partners L.P. (EPD) and their average rating on the stock is 1.2, which is read as a Strong Buy. 18 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Enterprise Products Partners L.P. (EPD) : Currently there are 19 street experts covering Enterprise Products Partners L.P. (EPD) stock. The most bullish and bearish price target for the stock is $36 and $28 respectively for the short term. The average price target of all the analysts comes to $32.74. The estimated standard deviation from the target is $2.13.
For the current week, the company shares have a recommendation consensus of Buy. Also, Morgan Stanley downgrades their rating on the shares of Enterprise Products Partners L.P. (NYSE:EPD). The current rating of the shares is Equal-weight. Earlier, the shares were rated a Overweight by the brokerage firm. Equity Analysts at the Firm lowers the price target to $30 per share from $33 per share. The rating by the firm was issued on August 18, 2016.
Enterprise Products Partners L.P. (NYSE:EPD): stock was range-bound between the intraday low of $26.995 and the intraday high of $27.35 after having opened at $27.26 on Wednesdays session. The stock finally closed in the red at $27.26, a loss of -0.18%. The stock remained in the red for the whole trading day. The total traded volume was 4,611,091 shares. The stock failed to cross $27.35 in Wednesdays trading. The stocks closing price on Thursday was $27.16.
Enterprise Products Partners L.P. is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products. The Company operates in five segments: NGL Pipelines & Services segment includes its natural gas processing plants and related NGL marketing activities; Onshore Natural Gas Pipelines & Services segment includes approximately 19,300 miles of onshore natural gas pipeline systems; Onshore Crude Oil Pipelines & Services segment includes approximately 5,400 miles of onshore crude oil pipelines, crude oil storage terminals; Offshore Pipelines & Services segment serves drilling and development regions, including deepwater production fields and Petrochemical & Refined Products Services segment includes propylene fractionation and related operations, including approximately 680 miles of pipelines. Its asset portfolio includes 24 natural gas processing plants and 22 NGL and propylene fractionators.