NGL Energy Partners (NYSE:NGL) target price lowered to $19.00, reported today by Stifel
- Updated: November 30, 2016
Boasting a price of $17.65, NGL Energy Partners (NYSE:NGL) traded -2.22% lower on the day. With the last stock price close down -2.19% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. NGL Energy Partners has recorded a 50-day average of $18.40 and a two hundred day average of $18.05. Volume of trade was up over the average, with 408,436 shares of NGL changing hands over the typical 392,477
NGL Energy Partners (NYSE:NGL) had its stock price target reduced to $19.00 by Stifel in an issued report issued 11/30/2016. The dropped price target implies a potential upside of 0.08% from the company's most recent stock price close.
On 02/12/2016, RBC Capital Markets released a statement for NGL Energy Partners (NYSE:NGL) bumped down the target price from $18.00 to $11.00 that suggested an upside of 0.90%.
With a total market value of $0, NGL Energy Partners has with a 52 week low of $5.57 and a 52 week high of $20.50 .
In addition to Stifel reporting its stock price target, a total of 8 brokers have issued a research note on the company. The average stock price target is $16.00 with zero analysts rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero equity analysts rating the company a underperform, and lastly 0 brokers rating the stock a sell.
General Information About NGL Energy Partners (NYSE:NGL)
NGL Energy Partners LP owns and operates a vertically integrated energy business. The Company's segments are crude oil logistics, water solutions, liquids, retail propane, refined products and renewables, and corporate and other. Its crude oil logistics segment includes owned and leased crude oil storage terminals, and owned and leased pipeline injection stations. Its water solutions segment provides services for the treatment and disposal of wastewater generated from crude oil and natural gas production, and for the disposal of solids, such as tank bottoms and drilling fluids. Its liquids segment supplies natural gas liquids to retailers, wholesalers, refiners and petrochemical plants throughout the United States and in Canada. Its retail propane segment consists of the retail marketing, and sale and distribution of propane and distillates, among others. The Company's refined products and renewables segment is engaged in gasoline, diesel, ethanol and biodiesel marketing operations.
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