Published: Fri, October 13, 2017
Markets | By Rosalie Gross

How Many Spectra Energy Partners, LP (NYSE:SEP)'s Analysts Are Bullish?


Therefore 75% are positive. The lowest target is $24.0 while the high is $68. H. Michael Krimbill, CEO purchased $664,500 worth of shares at an average price of $8.86 on September 11th. Energy Transfer Partners had 55 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has "Outperform" rating by RBC Capital Markets given on Friday, January 15. JP Morgan has "Overweight" rating and $61 target. TheStreet downgraded shares of Ngl Energy Partners Lp from a "c-" rating to a "d+" rating in a research report on Tuesday, August 15th. The stock of Spectra Energy Partners, LP (NYSE:SEP) has "Neutral" rating given on Wednesday, September 7 by Piper Jaffray. Of the analysts who provided ratings, 1 rated the company a Hold, 3 rated it a Moderate Buy, and 10 rated it a Strong Buy.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. The firm has "Hold" rating given on Thursday, May 25 by FBR Capital.

01/18/2017 - Spectra Energy Partners, LP had its "neutral" rating reiterated by analysts at Citigroup. Finally, Morgan Stanley restated an "underweight" rating and set a $46.00 target price on shares of Spectra Energy Partners, in a research report on Saturday, March 25th. Stifel Nicolaus downgraded it to "Hold" rating and $37 target in Tuesday, November 22 report.

Energy Transfer Partners, L.P., formerly Sunoco Logistics Partners L.P., owns and operates a logistics business. The stock's market capitalization is $1.45 billion. The Company is involved in the transport, terminaling and storage of crude oil, refined products and natural gas liquids (NGLs).

At present, Energy Transfer Partners, L.P. has a PE ratio of 41.88 with a forward P/E of 19.34 *. The Company's crude oil logistics segment includes owned and leased crude oil storage terminals, and owned and leased pipeline injection stations.

Analysts await Spectra Energy Partners, LP (NYSE:SEP) to report earnings on November, 1.

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As of the latest earnings report the EPS was $-1.28 and is estimated to be $-0.09 for the current year with 121,431,000 shares now outstanding. ETP's profit will be $231.08 million for 23.25 P/E if the $0.20 EPS becomes a reality.

Ngl Energy Partners Lp announced that its Board of Directors has authorized a share buyback program on Tuesday, August 29th that allows the company to buyback $15.00 million in outstanding shares.

Investors sentiment decreased to 1.28 in 2017 Q2. Its down 0.98, from 1.05 in 2017Q1. It is negative, as 17 investors sold NGL Energy Partners LP shares while 25 reduced holdings. 30 funds opened positions while 71 raised stakes. 22,433 are held by Camelot Portfolios Ltd Co.

The share price of the company (NYSE:SEP) was down -0.13%, with a high of 45.39 during the day and the volume of Spectra Energy Partners, LP shares traded was 423651. Energy Transfer Partners, L.P. grasps an EPS value of 0.44 * displaying an EPS growth of 144.90% * for this year. Hite Hedge Asset Limited Com reported 439,096 shares. Reliance Tru Of Delaware holds 0.1% of its portfolio in KeyCorp (NYSE:KEY) for 35,139 shares. Envestnet Asset Mgmt has 0% invested in Energy Transfer Partners LP (NYSE:ETP) for 21,261 shares. The stock rose 1.07% or $0.12 reaching $11.77 per share. Driehaus Cap Mngmt Ltd Limited Liability Company invested in 0.19% or 119,830 shares. Columbia Asset Mngmt owns 11,288 shares. Clearbridge Invs Ltd Liability invested in 476,015 shares or 0.02% of the stock. Ubs Group Ag reduced its stake by selling 142,439 shares a decrease of 27.0% as of 06/30/2017.

Tortoise Capital Advisors L.L.C. holds 5.73% of its portfolio in Energy Transfer Partners LP for 43.34 million shares. About 423,452 shares traded or 39.66% up from the average. Spectra Energy Partners, LP (NYSE:SEP) has declined 3.32% since October 10, 2016 and is downtrending. It has underperformed by 16.70% the S&P500. Winslow Evans & Crocker Inc stated it has 11,402 shares or 0% of all its holdings. Advisory invested in 4.52% or 8.40M shares. Arlington Value Capital Llc owns 2.72 million shares or 3.65% of their U.S. portfolio. Riggs Asset Managment invested in 1,238 shares. The New York-based Archer Capital Management L.P. has invested 3.53% in the stock. Glob Endowment Management Lp reported 32,680 shares. Analysts expect next quarter's EPS will be $0.24 and the next full year EPS is projected to be $0.15. Out of 20 Wall Street analysts rating Energy Transfer Partners, 15 give it "Buy", 0 "Sell" rating, while 5 recommend "Hold". This has been revealed in a note on Tuesday, 10 October. The Florida-based Raymond James Na has invested 0.02% in KeyCorp (NYSE:KEY).

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