In a report released today, Theresa Chen from Barclays maintained a Buy rating on Enterprise Products Partners (EPD – Research Report), with a price target of $31.00. The company’s shares closed yesterday at $28.95.
According to TipRanks, Chen is a 5-star analyst with an average return of 17.6% and a 76.07% success rate. Chen covers the Energy sector, focusing on stocks such as Oneok, TC Energy, and Enbridge.
Enterprise Products Partners has an analyst consensus of Strong Buy, with a price target consensus of $32.44.
The company has a one-year high of $29.09 and a one-year low of $23.40. Currently, Enterprise Products Partners has an average volume of 4.87M.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EPD in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Enterprise Products Partners (EPD) Company Description:
Texas-based Enterprise Products Partners LP is a leading North American provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products and petrochemicals. The company operates through the following business segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.
Read More on EPD:
- Enterprise acquires JV interests from Western Midstream for $375M
- Enterprise Products Appoints New Executive VP and CFO
- Appaloosa takes new position in Oracle, boosts Amazon, Microsoft stakes
- ET, EPD: 2 High-Yield Dividend Stocks Analysts Love
- Enterprise Products price target raised to $32 from $31 at Wells Fargo
