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Lnz Capital Lp buys $39632400 stake in Spectra Energy Corp. (SE)

Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions. In terms of volatility, it has a beta coefficient of 1.96 and technical analysis volatility indicator called Average True Range or ATR around 1.34. SE Gross Margin is 87.20% and its return on assets is 0.90%.

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According to TIPRANKS, Based on 7 ranked analysts offering 12 month price targets for SE in the last 3 months, the average price target is $38.67, with a high estimate of $44.00 and a low estimate of $33.00.

The consensus mean EPS for the current quarter is at $0.28 derived from a total of 10 estimates. The investment firm sold 49,510 shares of SE which is valued $1,800,184.Sandy Spring Bank reduced its stake in SE by selling 194 shares or 0.28% in the most recent quarter. However a year ago during same quarter Spectra Energy Corp. TWTR EPS growth this year and EPS growth next year is 17.60%, 14.48% respectively. The average broker recommendation is an arithmetical average of the individual ratings contributed by sell-side analysts to produce a Consensus Analyst Rating for each stock.

02/08/2016 – Deutsche Bank began new coverage on Spectra Energy Corp giving the company a “hold” rating. Bearish revenue estimates established at $1.06B while the bullish revenue forecast has been figured out at $1.31B.

Devon Energy Corporation (NYSE:DVN) was up +2.44% ($1.08) to $45.28 and showed a volume of 6.45 mln shares.

Volatility on a weekly basis sums at 1.98% * together with the monthly volatility of 1.83% *.

Ratings are scaled on a 1 to 5 scale where 5 represent a Strong Sell and 1 represents a Strong Buy. The firm has a 50 day moving average price of $47.03 and a 200-day moving average price of $47.07.

With a total market value of $0.0, Valero Energy Corporation has a price-earnings of 9 with a 52 week low of $46.88 and a one-year high of $73.88.

Shares of Spectra Energy Partners, (NYSE:SEP) traded down 1.4320% during trading on Friday, hitting $44.0599.

Spectra Energy Corp.’s (SE) made a return of 22.66%% in one month through last close, displaying a 31.74% return during the past three months. Piper Jaffray Cos. reiterated a “neutral” rating and set a $41.00 price objective (up from $39.00) on shares of Devon Energy Corp.in a report on Thursday, July 7th.

Devon Energy Corporation (NYSE:DVN) soared 43.27% year-to-date.

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While taking a glance at financials, we can look at a number of key indicators. The two companies will combine in a stock-for-stock merger transaction, which would value Spectra Energy’s common stock at $28 billion, and give the overall company a pro-forma enterprise value of about $127 billion. The company now has a Return on Equity (ROE) of 4.10% and a Return on Investment (ROI) of 6.00%. With an asset base that includes a diverse set of best-in-class assets comprised of crude oil, liquids and natural gas pipelines, terminal and midstream operations, a regulated utility portfolio and renewable power generation, the combined company will be positioned to provide integrated services and first and last mile connectivity to key supply basins and demand markets.

Valero Energy Corporation