Stifel disclosed Energy Transfer (NYSE:ETP), bumping down its price target to $37.00 earlier today
- Updated: November 27, 2016
Yesterday Energy Transfer (NYSE:ETP) traded -1.40% lower at $36.52. The company’s 50-day moving average is $36.11 and its 200-day moving average is $37.92. The last stock close price is down -6.79% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 1,169,256 shares of the stock were exchanged, down from an average trading volume of 3,380,430
Reporting a potential upside of 0.01%, Stifel bumped down the target of Energy Transfer (NYSE:ETP) to $37.00
Previously on Monday November 21, 2016, Vetr Inc. reported about Energy Transfer (NYSE:ETP) raised the target price from $0.00 to $41.75. At the time, this indicated a possible upside of 0.06%.
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Energy Transfer has a 52 week low of $18.62 and a 52 week high of $43.50 The company’s market cap is currently $0.
In addition to Stifel reporting its stock price target, a total of 15 brokers have issued a research note on Energy Transfer. The 12-month price target is $39.80 with zero analysts rating the company a strong buy, zero brokerages rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero analysts rating the company a sell.
More About Energy Transfer (NYSE:ETP)
Energy Transfer Partners, L.P. (ETP) is a master limited partnership. The Company is engaged in natural gas operations, including natural gas midstream and intrastate transportation and storage. Its segments include Intrastate Transportation and Storage Segment, which owns and operates approximately 7,500 miles of natural gas transportation pipelines; Interstate Transportation and Storage Segment, which owns and operates approximately 12,300 miles of interstate natural gas pipeline; Midstream Segment, which owns and operates approximately 35,000 miles of in service natural gas; Liquids Transportation and Services Segment, which owns interest in Lone Star NGL LLC (Lone Star), which owns approximately 2,000 miles of natural gas liquids (NGL) pipelines; Investment in Sunoco Logistics segment, which owns and operates a logistics business; Retail Marketing Segment, which is conducted through its subsidiary, Sunoco, Inc., and All Other Segment.
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