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Barclays Capital disclosed Genesis Energy LP (NYSE:GEL), bumping down its price target to $27.00 earlier today

Reporting a possible upside of 0.11%, Barclays Capital reduced the stock price target of Genesis Energy LP (NYSE:GEL) to $27.00

On Monday August 07, 2017, Robert W. Baird released a statement for Genesis Energy LP (NYSE:GEL) bumped up the target price from $35.00 to $37.00 that suggested an upside of 0.24%.

Boasting a price of $24.29, Genesis Energy LP (NYSE:GEL) traded -4.70% lower on the day. With the last stock price close down -15.14% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Genesis Energy LP has recorded a 50-day average of $26.56 and a two hundred day average of $29.63. 208 shares of the stock were exchanged, down from an average trading volume of 547,322

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Genesis Energy LP (NYSE:GEL)

Genesis Energy LP has a 52 week low of $24.89 and a 52 week high of $37.88 with a P/E ratio of 25.94 The company’s market cap is currently $0.

In addition to Barclays Capital reporting its target price, a total of 12 firms have reported on the stock. The consensus target price is $38.33 with 3 firms rating the stock a strong buy, 5 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Genesis Energy LP (NYSE:GEL)

Genesis Energy L.P. is a limited partnership focused on the midstream segment of the oil and gas industry. The Company operates through four segments: Offshore Pipeline Transportation, Refinery Services, Marine Transportation, and Supply and Logistics. The Offshore Pipeline Transportation segment is engaged in the offshore transportation of crude oil and natural gas in the Gulf of Mexico. The Refinery Services segment is involved in the processing of high sulfur (or sour) gas streams as part of refining operations to remove the sulfur and selling the related by-product, sodium hydrosulfide (NaHS). The Marine Transportation segment provides waterborne transportation of petroleum products and crude oil throughout North America. The Supply and Logistics segment is engaged in terminaling, blending, storing, marketing, and transporting crude oil and petroleum products (fuel oil, asphalt and other heavy refined products) and carbon dioxide.

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