RBC Capital analyst Elvira Scotto maintained a Buy rating on Energy Transfer (ET – Research Report) yesterday and set a price target of $19.00. The company’s shares closed yesterday at $15.83.
According to TipRanks, Scotto is a top 100 analyst with an average return of 18.0% and a 64.42% success rate. Scotto covers the Energy sector, focusing on stocks such as Archrock, Cheniere Energy, and Cheniere Energy Partners.
Energy Transfer has an analyst consensus of Strong Buy, with a price target consensus of $18.44, implying a 16.49% upside from current levels. In a report released on April 17, Mizuho Securities also reiterated a Buy rating on the stock with a $19.00 price target.
ET market cap is currently $53.11B and has a P/E ratio of 14.45.
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Energy Transfer (ET) Company Description:
Energy Transfer LP provides natural gas pipeline transportation and transmission services. Its projects include Marcus Hook Industrial Complex, Mariner east Pipelines, Mont Belvieu facility, Lone Star Express Expansion, Bakken Pipeline and Lake Charles LNG. Energy Transfer was founded in September 2002 and is headquartered in Dallas, TX.
Read More on ET:
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