A statement released earlier today by Mizuho Securities about Enterprise Products (NYSE:EPD) bumps the target price to $32.00
- Updated: September 29, 2016
Boasting a price of $27.42, Enterprise Products (NYSE:EPD) traded -0.29% lower on the day. With the last close up 1.60% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Enterprise Products has recorded a 50-day average of $26.86 and a two hundred day average of $26.99. Trade Volume was down over the average, with 4,189,532 shares of EPD changing hands under the typical 4,544,210
Mizuho Securities bumped up the target of Enterprise Products (NYSE:EPD) to $32.00 stating a potential upside of 0.17%.
See Chart Below
Enterprise Products has a 52 week low of $19.00 and a 52 week high of $30.11 with a P/E ratio of 21.90 The company’s market cap is currently $0.
In addition to Mizuho Securities reporting its target price, a total of 25 brokers have issued a report on the stock. The consensus target price is $31.92 with 11 brokers rating the stock a strong buy, 13 brokers rating the stock a buy, 2 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 Enterprise Products (NYSE:EPD)
Enterprise Products Partners L.P. (Enterprise) is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products in North America. The Company's segments include NGL Pipelines & Services; Crude Oil Pipelines & Services; Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The Company's midstream energy operations include natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage, and import and export terminals, including liquefied petroleum gas (LPG); crude oil gathering, transportation, storage and terminals; offshore production platforms; petrochemical and refined products transportation, storage and terminals, and related services, and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems and in the Gulf of Mexico.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.