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Analysts’ Views on BPL, NS, EEP, and ANDX

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Nov. 20 2020, Updated 3:36 p.m. ET

Andeavor Logistics

In this article, we’ll look at analysts’ recommendations for Buckeye Partners (BPL), NuStar Energy (NS), Enbridge Energy Partners (EEP), and Andeavor Logistics (ANDX). ANDX has the most “buy” ratings among the selected peers, which may reflect its low commodity price exposure, strong sponsor support, and strong distribution growth.

Of the analysts covering Andeavor Logistics on December 21, 2017, 84.5% recommended “buy,” and 15.4% recommended “hold.” ANDX’s average target price of $56.90 implies a ~23% upside from its current price.

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Enbridge Energy Partners

Enbridge Energy Partners (EEP) has the most “hold” ratings among the selected peers. Of the analysts covering EEP on December 21, 2017, 81.8% recommended “hold,” while 18.2% recommended “buy.” EEP is currently trading at $15, below the low range of analysts’ target price. EEP’s average target price of $17 implies a ~21% upside from its current price.

NuStar Energy

Of Reuters-surveyed analysts covering NuStar Energy (NS), 70.0% recommended “hold,” and 30.0% recommended “buy.” NS is currently trading at $31, below the low range of analysts’ target price. NS’ average target price of $36.10 implies a ~19% upside from its current price.

Buckeye Partners

As of December 21, 2017, of Reuters-surveyed analysts covering Buckeye Partners (BPL), 57.1% of analysts recommended “hold,” and 42.9% recommended  “buy.” BPL is currently trading at $53, significantly below the low range of analysts’ target price. BPL’s average target price of $60.50 implies a ~25.0% upside from its current price. For more coverage on midstream companies, check out our Master Limited Partnerships page.

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