How Analysts Rate Energy Transfer Equity


Dec. 29 2017, Updated 9:01 a.m. ET

Analyst ratings for Energy Transfer Equity

76.0% of analysts surveyed by Reuters rate Energy Transfer Equity (ETE) a “buy,” while the remaining 24.0% rate it a “hold.” Goldman Sachs last upgraded ETE to “buy” from neutral, which is equivalent to “hold.” ETE saw five rating updates in 2017 including four upgrades and one new coverage.

ETE’s peers Western Gas Equity Partners (WGP) and NuStar GP Holdings (NSH) have “hold” ratings from 53.3% and 71.4% of analysts, respectively, while 61.9% of analysts rate Plains GP Holdings (PAGP) a “buy.” 80.0% of the analysts rate Energy Transfer Partners (ETP) a “buy.” ETE is currently trading close to the low range of analysts’ target price. Its average target price of $20.4 implies ~20% upside potential from the current price levels.

For more coverage on midstream companies, check out Market Realist’s Master Limited Partnerships page.

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