Energy News Today

Raymond James Stick to Their Buy Rating for Energy Transfer LP By

Raymond James analyst Justin Jenkins maintained a Buy rating on Energy Transfer (NYSE:) LP on Wednesday, setting a price target of $13, which is approximately 33.06% above the present share price of $9.77.

Jenkins expects Energy Transfer LP to post earnings per share (EPS) of $1.22 for the third quarter of 2021.

The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Energy Transfer, with an average price target of $13.88.
The analysts price targets range from a high of $18 to a low of $12.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $17 billion and a net profit of $4.07 billion. The company’s market cap is $26.42 billion.

According to, Raymond James analyst Justin Jenkins is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.4% and a 58.31% success rate.

Energy Transfer LP provides 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.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read More: Raymond James Stick to Their Buy Rating for Energy Transfer LP By

2021-07-21 02:00:00

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
%d bloggers like this: