According to Wall Street analysts’ consensus estimates, Energy Transfer Equity (ETE) has a median price target of $21.44 compared to its current market price of $17.63, which implies an estimated upside of ~22% over the next 12 months.
Energy Transfer Equity stock is currently followed by 17 analysts. Eight have given the stock “strong buys,” while seven have given it “buys.” Two analysts have given it “holds,” and none have given it “sells” as of September 12.
The chart above shows how analysts’ views on ETE have changed in the last few months.
Of the 18 Reuters-surveyed analysts covering ETP stock, nine have recommended “strong buys,” and seven have recommended “buys.” Two analysts have recommended “holds” on the stock. None have recommended “sells” on the stock. If you wish to read about MLPs that offer attractive upside potential, read These Five MLPs Offer up to 25% Upside Potential.