Spectra Energy Corp (SE) : The consensus on Spectra Energy Corp (SE) based on 13 analyst recommendation on the company stock is 2.46, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 9 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Spectra Energy Corp (SE) : Average target price received by Spectra Energy Corp (SE) is $35.8 with an expected standard deviation of $3.82. The most aggressive target on the stock is $41, whereas the most downbeat target is $31. 10 financial analysts are currently covering the stock.
Shares of Spectra Energy Corp. rose by 0.69% in the last five trading days and 0.41% for the last 4 weeks. Spectra Energy Corp. is up 18.45% in the last 3-month period. Year-to-Date the stock performance stands at 57.32%. Spectra Energy Corp (NYSE:SE): stock turned positive on Tuesday. Though the stock opened at $36.15, the bulls momentum made the stock top out at $36.39 level for the day. The stock recorded a low of $36.15 and closed the trading day at $36.25, in the green by 0.39%. The total traded volume for the day was 3,566,182. The stock had closed at $36.11 in the previous days trading.
Spectra Energy Corp is a natural gas infrastructure company. The Company owns and operates natural gas-related energy assets and a crude oil pipeline system connecting Canadian and the United States producers to refineries in the United States Rocky Mountain and Midwest regions. It operates in three areas of the natural gas industry: gathering and processing, transmission and storage, and distribution. It conducts its business in four segments: Spectra Energy Partners, Distribution, Western Canada Transmission & Processing, and Field Services. It provides transmission and storage of natural gas to customers in various regions of the northeastern and southeastern United States, the Maritime Provinces in Canada, the Pacific Northwest in the United States and Canada, and in the province of Ontario, Canada. It also provides natural gas sales and distribution services to retail customers in Ontario, and natural gas gathering and processing services to customers in western Canada.