The share price of the company (NYSE:ETE) was up +2.99%, with a high of 16.66 during the day and the volume of Energy Transfer Equity, L.P. shares traded was 7760364. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $29, however, the pessimist price target for the company is $7. The firm has a SMA 50 (Simple Moving Average) of $15.46 and a SMA 200-(Simple Moving Average) of $10.97. The company has a market cap of $11.75B.
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The average estimate of EPS for the current financial quarter, company stands at $0.33 while the Earning per share for the current fiscal year is fixed at $1.20 by 7 analysts. During the same quarter in the previous year, the business posted $0.28 EPS. They now have a United States dollars 7 price target on the stock.
Energy Transfer Partners, L.P.is a master limited partnership. (NYSE:WPX) are 0%; 7.88% for the month; 15.76% for the last quarter; 108.12% for the past six-months; and 19.78% for the last 12 months.
Sell-side analyst recommendations point to a short term price target of $17 on the shares of Energy Transfer Equity, L.P. (ETE). Mason Thomas P is another major insider shareholder of the stock, as per record date of Dec 9, 2015 insider owns 216,622 shares of the stock. A year ago the company’s sales were 6.6B. This represents a $1.14 annualized dividend and a yield of 6.78%. Zacks Investment Research cut shares of Energy Transfer Equity L.P. from a “buy” rating to a “hold” rating in a research report on Tuesday, July 26th.
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10/26/2015 – Evercore ISI began new coverage on Energy Transfer Equity, L.P. giving the company a “buy” rating. Finally, BMO Capital Markets assumed coverage on shares of Energy Transfer Equity L.P.in a research note on Tuesday, April 19th. The mean price target is calculated keeping in view the consensus of 13 brokerage firms. Steinberg Global Asset Management now owns 29,800 shares of the company’s stock worth $212,000 after buying an additional 700 shares in the last quarter. The analyst recommendations from a month ago are 14 Buy, 3 Overweight, 2 Sell, 8 Hold and 0 Underweight. The Corporation has a Mean Rating of 2.2 based on the Reuters Analysts consensus issuing ratings. Energy Transfer Partners, L.P.is up 22.54% in the last 3-month period. 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.
