Enterprise Products Partners L.P. (NYSE:EPD) target price raised to $34.00, reported today by Credit Suisse Group AG
- Updated: September 18, 2016
Yesterday Enterprise Products Partners L.P. (NYSE:EPD) traded 0.19% higher at $26.01. EPD’s 50-day moving average is $27.11 and its 200-day average is $26.76. With the last stock price close down 2.81% from the two hundred day moving average, compared with the S&P 500 which has decreased -0.01% over the same period. 7,467,607 shares of EPD exchanged hands, up from ann average volume of 4,486,930.
Credit Suisse Group AG upped the target price of Enterprise Products Partners L.P. (NYSE:EPD) to $34, stating a possible upside of 0.31%,
Also covering Enterprise Products Partners L.P.’s price target, a total of 25 firms have reported on EPD. The consensus target stock price is $31.92 with 11 firms rating the company a strong buy, 13 firms rating the stock a buy, two firms rating the stock a hold, 0 rating the company to underperform, and finally 0 brokerages rating the stock as sell.
Enterprise Products Partners L.P. has a PE of 21 with a 52 week low of $19.00 and a one-year high of $30.11. The company’s market capitalization is currently $0.0.
About Enterprise Products Partners L.P. (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 and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems and in the Gulf of Mexico.
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