Enterprise Products Partners L.P. (EPD) Shares are Up 0.87%
- Author: Zachary Reyes Sep 06, 2016,
Sep 06, 2016, 17:39
Analysts that cover the stock have a mean consensus price target of $32.611 for Enterprise Products Partners L.P. (NYSE:EPD).This one year figure is the mean estimate coming from the research analysts that recently released reports on stock. They presently have a $29.70 price objective on the stock. It has been assigned a low target price of $26 and a high target price of $36.
A number of other equities analysts have also commented on the stock. Enterprise Products Partners L.P. (NYSE:EPD) has risen 12.03% since February 1, 2016 and is uptrending.
04/29/2016 - Enterprise Products Partners L.P. was downgraded to "neutral" by analysts at Seaport Global Securities. They now have a United States dollars 32 price target on the stock. Four research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company's stock. They now have a Dollars 29 price target on the stock. They now own 687.25 million shares or 3.25% less from 710.31 million shares in 2016Q1.
04/01/2016 - Enterprise Products Partners L.P. had its "overweight" rating reiterated by analysts at Piper Jaffray. ING Groep NV now owns 12,023,135 shares of the company's stock worth $295,889,000 after buying an additional 7,825,356 shares in the last quarter.
04/19/2016 - BMO Capital Markets began new coverage on Enterprise Products Partners L.P. giving the company a "outperform" rating. The ratio improved, as 44 funds sold all Enterprise Products Partners L.P. shares owned while 233 reduced positions.
04/01/2016 - Enterprise Products Partners L.P. had its "overweight" rating reiterated by analysts at Simmons. With the last stock price down 1.21% relative to the 200-day moving average, compared with the S&P 500 which has held steady over the same time period. Finally, Energy Income Partners LLC increased its stake in Enterprise Products Partners L.P.by 9.9% in the first quarter. The institutional ownership stake in the company is 0.30% while the Beta factor stands at 1.58.
Enterprise Products has a one-year low of $19.00 and a one-year high of $30.11 with a PE ratio of 21 and has a total market value of $0.0. (NYSE:EPD) closed the recent trading day at $26.82 with +1.13%. The stock recent traded volume was 3.8 million as compared with its average volume of 6.58 million shares. The company has a market cap of $56.81 billion. The stock's 50 day moving average is $27.53 and its 200-day moving average is $26.58.
03/17/2016 - Enterprise Products Partners L.P. was downgraded to "neutral" by analysts at Credit Suisse.
Enterprise Products Partners L.P. (NYSE:EPD): The stock opened at $26.68 and touched an intraday high of $26.88 on Friday.
The 2016 second quarter's net loss totaled $153.8 million or $(0.89) per diluted share compared to a net loss of $4.6 million or $(0.04) per diluted share in the year ago quarter.
Revenues in the second quarter of 2016 were $23.9 million, down from $28.3 million in the same year ago quarter. The Company's segments include NGL Pipelines & Services; Crude Oil Pipelines & Services; Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.