Stifel Nicolaus announced Energy Transfer Partners LP (NYSE:ETP), dropping its stock price target to $37.00 today
- Updated: November 27, 2016
Just yesterday Energy Transfer Partners LP (NYSE:ETP) traded -1.40% lower at $36.52. Energy Transfer Partners LP’s 50-day moving average is $36.11 and its 200-day moving average is $37.92. The last stock price is down -6.79% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 1,169,256 shares of ETP traded hands, down from an average trading volume of 3,380,430
In a report released on 11/22/2016 Stifel Nicolaus reduced the stock price target of Energy Transfer Partners LP (NYSE:ETP) from $48.00 to $37.00 reporting a possible upside of 0.01%.
Previously on 11/21/2016, Vetr Inc. released a statement about Energy Transfer Partners LP (NYSE:ETP) increased the target price from $0.00 to $41.75. At the time, this indicated a possible upside of 0.06%.
Recent Performance Chart
Energy Transfer Partners LP has 52 week low of $18.62 and a 52 week high of $43.50 and has a market capitalization of $0.
In addition to Stifel Nicolaus reporting its stock price target, a total of 15 brokerages have issued a research note on the company. The average stock price target is $39.80 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Energy Transfer Partners LP (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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