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

Yesterday Genesis Energy L.P. (NYSE:GEL) traded -4.70% lower at $25.14. The company’s 50-day moving average is $26.56 and its 200-day moving average is $29.63. The last closing price is down -15.14% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 208 shares of the stock were exchanged, down from an average trading volume of 547,322

Reporting a possible upside of 0.07%, Barclays lowered the target price of Genesis Energy L.P. (NYSE:GEL) to $27.00

Previously on Monday August 07, 2017, Robert W. Baird reported on Genesis Energy L.P. (NYSE:GEL) raised the target price from $35.00 to $37.00. At the time, this indicated a possible upside of 0.24%.

See Chart Below

Genesis Energy L.P. (NYSE:GEL)

Genesis Energy L.P. 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.

Also covering Genesis Energy L.P.'s target, a total of 12 equity analysts have released a research note on GEL. The one year target is $38.33 with three equity analysts rating the company a strong buy, five equity analysts rating the company a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly 0 firms rating the stock a sell.

About Genesis Energy L.P. (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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