ENERGY TRANSFER PARTNERS (ETP) : The consensus on ENERGY TRANSFER PARTNERS (ETP) based on 13 analyst recommendation on the company stock is 1.77, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
ENERGY TRANSFER PARTNERS (ETP) : The highest level ENERGY TRANSFER PARTNERS (ETP) is projected to reach is $63 for the short term and the lowest estimate is at $25. The consolidated price target from 12 rating analysts who initiate coverage on the stock is $45.25 and the possibility the share price can swing is $9.1.
Also, Brokerage firm Morgan Stanley assumes its rating on ENERGY TRANSFER PARTNERS (NYSE:ETP). In a research note issued to the investors, the brokerage major announces price-target of $48 per share.The shares have been rated Equal-weight. The rating by the firm was issued on August 15, 2016.
ENERGY TRANSFER PARTNERS (NYSE:ETP): The stock opened in the green at $36.85 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $37.19 and a low of $36.34 for the day. The stock did not find buyers even at the lows and closed at $36.57 recording a loss of -0.79%. 4,244,935 shares exchanged hands during the trading day. The stock had closed at $36.86 in the previous days trading.
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.