A statement released earlier today by D. A. Davidson about VTTI Energy Partners (NYSE:VTTI) bumps the target price to $26.50
- Updated: October 7, 2016
VTTI Energy Partners (NYSE:VTTI) had its stock price target increased to $26.50 by D. A. Davidson in an issued report issued 10/07/2016. The upped target price indicates a possible upside of 0.41% from the company's last stock close price.
Yesterday VTTI Energy Partners (NYSE:VTTI) traded -1.00% lower at $18.84. VTTI’s 50-day average is $18.76 and its two hundred day average is $19.41. With the last close down -2.83% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 94,638 shares of VTTI changing hands under the typical 127,998
With a market capitalization of $0, VTTI Energy Partners has 52 week low of $14.80 and a 52 week high of $21.74 with a P/E ratio of 29.56 .
In addition to D. A. Davidson reporting its target price, a total of 5 firms have reported on the stock. The consensus target price is $23.60 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About VTTI Energy Partners (NYSE:VTTI)
VTTI Energy Partners LP provides terminaling services for third party companies engaged in the production, processing, distribution and marketing of refined petroleum products and crude oil. The Company operates through the segment of energy storage terminaling business. Its assets consist of approximately 42.6% interest in VTTI MLP B.V., which owns a portfolio of over six terminals with over 400 tanks and approximately 35.7 million barrels of refined petroleum product and crude oil storage capacity located in Europe, the Middle East, Asia and North America. Its terminals are located in international supply and demand centers for refined petroleum products and crude oil and provide midstream infrastructure services to its customers at these international market hubs. It provides storage and terminaling services for energy industry participants, including marketing companies, integrated oil companies, national oil companies, distributors, and chemical and petrochemical companies.
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