ENERGY TRANSFER PARTNERS (NYSE:ETP) : The consensus price target for ENERGY TRANSFER PARTNERS (NYSE:ETP) is $42.7 for the short term with a standard deviation of $10.12. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $63, however, the pessimist price target for the company is $25.
Other Equity analysts have also commented on the company shares. In a research note released to the investors, Barclays maintains its rating on ENERGY TRANSFER PARTNERS (NYSE:ETP).The analysts at the brokerage house have a current rating of Overweight on the shares. In a recent information released to the investors, Barclays raises the new price target from $42 per share to $48 per share. The rating by the firm was issued on May 31, 2016.
ENERGY TRANSFER PARTNERS (NYSE:ETP): stock turned positive on Thursday. Though the stock opened at $40.52, the bulls momentum made the stock top out at $41.29 level for the day. The stock recorded a low of $40.16 and closed the trading day at $41.24, in the green by 2.43%. The total traded volume for the day was 2,296,177. The stock had closed at $40.26 in the previous days trading.
The company shares have dropped -24.83% from its 1 Year high price. On Jul 2, 2015, the shares registered one year high at $54.64 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $36.76 and the 200 Day Moving Average price is recorded at $31.57. On the companys insider trading activities, Skidmore David K, director of Energy Transfer Partners, L.P., had purchased 3,000 shares on March 16, 2016. The total value of the transaction was $85,620. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Energy Transfer Partners, L.P. is a master limited partnership. The Companys operating segments include Intrastate Transportation and Storage segment; Interstate Transportation and Storage segment; Midstream segment; Liquids Transportation and Services segment; Investment in Sunoco Logistics segment; Retail Marketing segment and All Other segment. It is engaged in natural gas operations, including natural gas midstream and intrastate transportation and storage, and interstate natural gas transportation and storage; Liquids operations, including NGL transportation, storage and fractionation services; product and crude oil operations, including product and crude oil transportation, terminalling services and acquisition and marketing activities and retail marketing of gasoline and middle distillates. It is managed by its general partner Energy Transfer Partners GP, L.P. Its brands include Sunoco, Stripes, Aplus, Aloha Island Mart, Exxon, Valero, Mobil, Shell and Chevron, among others.