Energy Transfer Partners (ETP) Rating Lowered to Sell at Vetr Inc.

Energy Transfer Partners (NYSE:ETP) was downgraded by equities research analysts at Vetr from a “hold” rating to a “sell” rating in a report released on Monday. They currently have a $35.44 target price on the stock. Vetr‘s target price suggests a potential downside of 0.48% from the company’s previous close.

Several other research analysts have also issued reports on the company. RBC Capital Markets reaffirmed a “buy” rating and set a $48.00 target price on shares of Energy Transfer Partners in a research report on Friday, January 6th. Mizuho reaffirmed a “buy” rating on shares of Energy Transfer Partners in a research report on Monday, December 26th. Stifel Nicolaus lowered Energy Transfer Partners from a “buy” rating to a “hold” rating and lowered their target price for the stock from $48.00 to $37.00 in a research report on Friday, December 9th. Robert W. Baird reaffirmed an “outperform” rating and set a $45.00 target price on shares of Energy Transfer Partners in a research report on Tuesday, December 6th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and set a $50.00 target price on shares of Energy Transfer Partners in a research report on Wednesday, November 30th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $42.69.

Analyst Recommendations for Energy Transfer Partners (NYSE:ETP)

Energy Transfer Partners (NYSE:ETP) traded up 1.1236% on Monday, reaching $36.0101. The company’s stock had a trading volume of 778,630 shares. Energy Transfer Partners has a 52-week low of $18.62 and a 52-week high of $43.50. The stock’s market cap is $19.54 billion. The firm’s 50-day moving average price is $35.19 and its 200-day moving average price is $37.48.

Energy Transfer Partners (NYSE:ETP) last announced its earnings results on Wednesday, November 9th. The company reported ($0.49) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by $0.77. The company had revenue of $5.53 billion for the quarter. Energy Transfer Partners had a return on equity of 5.39% and a net margin of 3.79%. The firm’s revenue was down 16.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.10 earnings per share. On average, equities analysts expect that Energy Transfer Partners will post $0.04 earnings per share for the current year.

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Hedge funds have recently modified their holdings of the stock. M&R Capital Management Inc. purchased a new stake in shares of Energy Transfer Partners during the second quarter valued at approximately $106,000. Joel Isaacson & Co. LLC increased its stake in shares of Energy Transfer Partners by 90.9% in the second quarter. Joel Isaacson & Co. LLC now owns 2,919 shares of the company’s stock valued at $111,000 after buying an additional 1,390 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in shares of Energy Transfer Partners by 200.0% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 3,000 shares of the company’s stock valued at $111,000 after buying an additional 2,000 shares in the last quarter. FineMark National Bank & Trust increased its stake in shares of Energy Transfer Partners by 18.6% in the third quarter. FineMark National Bank & Trust now owns 3,082 shares of the company’s stock valued at $114,000 after buying an additional 483 shares in the last quarter. Finally, Brown Brothers Harriman & Co. increased its stake in shares of Energy Transfer Partners by 360.4% in the third quarter. Brown Brothers Harriman & Co. now owns 3,683 shares of the company’s stock valued at $136,000 after buying an additional 2,883 shares in the last quarter. Institutional investors own 59.12% of the company’s stock.

Energy Transfer Partners Company Profile

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