ENERGY TRANSFER PARTNERS (ETP) : The most positive equity analysts on ENERGY TRANSFER PARTNERS (ETP) expects the shares to touch $63, whereas, the least positive believes that the stock will trade at $25 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $45.25 with an expected fluctuation of $9.1 from the mean.
ENERGY TRANSFER PARTNERS (ETP) : Zacks Investment Research ranks ENERGY TRANSFER PARTNERS (ETP) as 3, which is a Hold recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 13 research analysts is 1.77, which indicates as a Buy.
Also, In a research note released to the investors, Morgan Stanley assumes its rating on ENERGY TRANSFER PARTNERS (NYSE:ETP).The analysts at the brokerage house have a current rating of Equal-weight on the shares. In a recent information released to the investors, Morgan Stanley announces the price target of $48 per share. The rating by the firm was issued on August 15, 2016.
ENERGY TRANSFER PARTNERS (NYSE:ETP): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.93 and $39.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.16. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.12, notching a gain of 0.45% for the day. The total traded volume was 1,644,766 . The stock had closed at $39.94 on the previous day.
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.