Raymond James upgraded shares of Energy Transfer LP Unit (NYSE:ET) from an outperform rating to a strong-buy rating in a research report released on Tuesday, BenzingaRatingsTable reports.
ET has been the topic of a number of other reports. Stifel Nicolaus reiterated a buy rating and issued a $20.00 price target on shares of Energy Transfer LP Unit in a report on Thursday, February 21st. ValuEngine downgraded Energy Transfer LP Unit from a sell rating to a strong sell rating in a report on Tuesday, January 22nd. TheStreet upgraded Energy Transfer LP Unit from a c+ rating to a b rating in a report on Thursday, February 21st. Zacks Investment Research upgraded Energy Transfer LP Unit from a strong sell rating to a hold rating in a report on Wednesday, February 27th. Finally, Evercore ISI assumed coverage on Energy Transfer LP Unit in a report on Tuesday, February 5th. They issued an outperform rating on the stock. One research analyst has rated the stock with a sell rating, six have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of $19.20.
ET opened at $15.28 on Tuesday. The firm has a market cap of $40.02 billion, a price-to-earnings ratio of 13.29, a PEG ratio of 0.45 and a beta of 1.75. Energy Transfer LP Unit has a 52 week low of $11.68 and a 52 week high of $19.19. The company has a current ratio of 0.73, a quick ratio of 0.54 and a debt-to-equity ratio of 1.41.
Energy Transfer LP Unit Company Profile
Energy Transfer LP provides diversified energy-related services in the United States. It owns and operates approximately 7,900 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 11,800 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies.
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