ETP has been the subject of several other research reports. Stifel Nicolaus set a $27.00 price target on shares of Energy Transfer Partners and gave the stock a buy rating in a research report on Friday, February 23rd. Zacks Investment Research cut shares of Energy Transfer Partners from a hold rating to a sell rating in a research report on Monday, February 12th. US Capital Advisors cut shares of Energy Transfer Partners from an overweight rating to a hold rating in a research report on Thursday, January 4th. Credit Suisse Group initiated coverage on shares of Energy Transfer Partners in a research report on Thursday, January 4th. They set an outperform rating and a $20.00 price target for the company. Finally, Morgan Stanley lowered their price target on shares of Energy Transfer Partners from $25.00 to $23.00 and set an equal weight rating for the company in a research report on Friday, November 17th. Two analysts have rated the stock with a sell rating, six have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of $25.86.
Shares of Energy Transfer Partners (NYSE:ETP) opened at $18.84 on Tuesday. Energy Transfer Partners has a 1 year low of $15.25 and a 1 year high of $25.86. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.61 and a current ratio of 0.93. The company has a market cap of $22,372.54, a P/E ratio of 19.83, a PEG ratio of 1.10 and a beta of 0.91.
Institutional investors have recently added to or reduced their stakes in the stock. Cerebellum GP LLC bought a new position in Energy Transfer Partners during the 4th quarter worth approximately $127,000. Exane Derivatives boosted its stake in Energy Transfer Partners by 15,645.8% during the 4th quarter. Exane Derivatives now owns 7,558 shares of the pipeline company’s stock worth $135,000 after acquiring an additional 7,510 shares during the last quarter. SWS Partners bought a new position in Energy Transfer Partners during the 4th quarter worth approximately $145,000. Captrust Financial Advisors bought a new position in Energy Transfer Partners during the 4th quarter worth approximately $152,000. Finally, Montag A & Associates Inc. bought a new position in Energy Transfer Partners in the fourth quarter valued at approximately $183,000. 62.14% of the stock is currently owned by institutional investors and hedge funds.
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Energy Transfer Partners Company Profile
Energy Transfer Partners, L.P., formerly Sunoco Logistics Partners L.P., owns and operates a logistics business. The Company is engaged in the transport, terminaling and storage of crude oil, refined products and natural gas liquids (NGLs). The Company’s segments include Crude Oil, Natural Gas Liquids and Refined Products.
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