Brokerage Firm Rating Update on ENERGY TRANSFER PARTNERS (ETP)

ENERGY TRANSFER PARTNERS (ETP) : 7 brokerage houses believe that ENERGY TRANSFER PARTNERS (ETP) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on ENERGY TRANSFER PARTNERS (ETP). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 13 Wall Street Analysts endorse the stock as a Buy with a rating of 1.77.

ENERGY TRANSFER PARTNERS (ETP) : Average target price received by ENERGY TRANSFER PARTNERS (ETP) is $45.25 with an expected standard deviation of $9.1. The most aggressive target on the stock is $63, whereas the most downbeat target is $25. 12 financial analysts are currently covering the stock.


For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Morgan Stanley assumes its ratings on ENERGY TRANSFER PARTNERS (NYSE:ETP). In the latest research report, Morgan Stanley announces the target price to $48 per share. According to the latest information available, the shares are now rated Equal-weight by the analysts at the agency. The rating by the firm was issued on August 15, 2016.

ENERGY TRANSFER PARTNERS (NYSE:ETP): stock was range-bound between the intraday low of $40.5 and the intraday high of $41.52 after having opened at $41.18 on Wednesdays session. The stock finally closed in the red at $41.18, a loss of -0.90%. The stock remained in the red for the whole trading day. The total traded volume was 2,159,947 shares. The stock failed to cross $41.52 in Wednesdays trading. The stocks closing price on Thursday was $41.03.

Energy Transfer Partners, L.P. is a master limited partnership. The Companys operating segments include Intrastate Transportation and Storage segment; Interstate Transportation and Storage segment; Midstream segment; Liquids Transportation and Services segment; Investment in Sunoco Logistics segment; Retail Marketing segment and All Other segment. It is engaged in natural gas operations, including natural gas midstream and intrastate transportation and storage, and interstate natural gas transportation and storage; Liquids operations, including NGL transportation, storage and fractionation services; product and crude oil operations, including product and crude oil transportation, terminalling services and acquisition and marketing activities and retail marketing of gasoline and middle distillates. It is managed by its general partner Energy Transfer Partners GP, L.P. Its brands include Sunoco, Stripes, Aplus, Aloha Island Mart, Exxon, Valero, Mobil, Shell and Chevron, among others.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.