17.44 % to Target, Stifel Reaffirms ‘”Buy”’ Rating on Energy Transfer (NYSE:ETP) Shares Today

August 10, 2018 - By Duane Lopez

Investors sentiment increased to 0.89 in 2018 Q1. Its up 0.39, from 0.5 in 2017Q4. It is positive, as 4 investors sold Energy Transfer Partners, L.P. shares while 5 reduced holdings. 1 funds opened positions while 7 raised stakes. 1.34 million shares or 7.20% less from 1.44 million shares in 2017Q4 were reported.

375 were accumulated by Vantage Advsr Limited Liability. Research & invested in 0.19% or 34,825 shares. Focused Wealth Inc has invested 0.01% in Energy Transfer Partners, L.P. (NYSE:ETP). Welch Grp Inc Lc has 16,280 shares. Adams Asset Advisors Limited Liability reported 0.62% stake. 30,400 were accumulated by Ironwood Counsel Ltd Co. Essex Fincl Service stated it has 29,802 shares. Pinnacle Hldgs Ltd Llc has 0% invested in Energy Transfer Partners, L.P. (NYSE:ETP) for 6,759 shares. Monetary Mngmt Group, a Missouri-based fund reported 2,000 shares. Summit Equities Inc, a New Jersey-based fund reported 45,083 shares. North Carolina-based Novare Cap Limited Liability Company has invested 0.76% in Energy Transfer Partners, L.P. (NYSE:ETP). Northeast Consultants holds 60,708 shares or 0.33% of its portfolio. Advsrs Limited Liability owns 201,333 shares. Cohen Cap Mngmt stated it has 0.66% of its portfolio in Energy Transfer Partners, L.P. (NYSE:ETP). Old West Inv Mgmt Ltd Liability Company holds 0.9% of its portfolio in Energy Transfer Partners, L.P. (NYSE:ETP) for 96,783 shares.

Energy Transfer (NYSE:ETP) Rating Reaffirmed

Professional analysts at Stifel now has a $27 PT on Energy Transfer (NYSE:ETP). Stifel and their recent PT gives a potential upside of 17.44 % from the company’s last stock close. The rating has been revealed to clients and investors in a research note on 10 August.

Energy Transfer Partners, L.P. (NYSE:ETP) Ratings Coverage

Among 5 analysts covering Energy Transfer Partners (NYSE:ETP), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Energy Transfer Partners has $27 highest and $2100 lowest target. $24.60’s average target is 7.00% above currents $22.99 stock price. Energy Transfer Partners had 6 analyst reports since February 23, 2018 according to SRatingsIntel. The rating was maintained by Robert W. Baird with “Buy” on Tuesday, February 27. As per Friday, August 3, the company rating was maintained by Morgan Stanley. The stock has “Buy” rating by Robert W. Baird on Friday, April 6. Bank of America maintained the shares of ETP in report on Tuesday, March 27 with “Buy” rating. The stock of Energy Transfer Partners, L.P. (NYSE:ETP) has “Buy” rating given on Wednesday, April 11 by Mizuho. The stock of Energy Transfer Partners, L.P. (NYSE:ETP) has “Buy” rating given on Friday, February 23 by Stifel Nicolaus.

The stock decreased 1.25% or $0.29 during the last trading session, reaching $22.99. About 19.78 million shares traded or 232.93% up from the average. Energy Transfer Partners, L.P. (NYSE:ETP) has declined 19.73% since August 10, 2017 and is downtrending. It has underperformed by 32.30% the S&P500.

Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company has market cap of $26.82 billion. The companyÂ’s Intrastate Transportation and Storage segment transports natural gas from various natural gas producing areas, and through ET fuel system and HPL system. It has a 21.17 P/E ratio. This segment owns and operates approximately 7,900 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas.

More notable recent Energy Transfer Partners, L.P. (NYSE:ETP) news were published by: Fool.com which released: “3 Things Energy Transfer Equity Management Wants You to Know About What’s in the Pipeline” on August 10, 2018, also Seekingalpha.com with their article: “According To ETP CEO, Running Pipelines Is Easy” published on August 05, 2018, Seekingalpha.com published: “Tractor Supply Is A Buy – Cramer’s Lightning Round (8/8/18)” on August 09, 2018. More interesting news about Energy Transfer Partners, L.P. (NYSE:ETP) were released by: Fool.com and their article: “Energy Transfer Equity LP’s Expansion Efforts Paid Big Dividends in Q2” published on August 09, 2018 as well as Seekingalpha.com‘s news article titled: “Energy Transfer Partners: These 7.625% Fixed-To-Floating Preferred Units Have Begun Trading On The NYSE” with publication date: July 31, 2018.

Energy Transfer Partners, L.P. (NYSE:ETP) Ratings Chart

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