Enterprise Products Partners L.P. (EPD) : 18 brokerage houses believe that Enterprise Products Partners L.P. (EPD) is a Strong Buy at current levels. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Enterprise Products Partners L.P. (EPD). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 20 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.2.
Enterprise Products Partners L.P. (EPD) stock is expected to deviate a maximum of $3.33 from the average target price of $33.32 for the short term period. 19 Street Experts have initiated coverage on the stock with the most promising target being $44 and the most muted being $28.
Enterprise Products Partners L.P. has lost 3.14% in the last five trading days and dropped 8.83% in the last 4 weeks. Enterprise Products Partners L.P. has dropped 2.61% during the last 3-month period . Year-to-Date the stock performance stands at 3.71%. Enterprise Products Partners L.P. (NYSE:EPD): On Tuesdays trading session , Opening price of the stock was $26.5 with an intraday high of $26.7. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $26.45. However, the stock managed to close at $26.53, a loss of 0.26% for the day. On the previous day, the stock had closed at $26.6. The total traded volume of the day was 4,233,021 shares.
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.