Impact of Brokerage Rating on Spectra Energy Partners, LP(SEP)

Many Spectra Energy Partners, LP(SEP) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Spectra Energy Partners LP was Reiterated by RBC Capital Mkts on Jan 23, 2017 to Outperform, Lowers Price Target to $ 56 from a previous price target of $58 .Spectra Energy Partners LP was Resumed by Citigroup to Neutral on Jan 18, 2017.

Company has reported several Insider transactions to the SEC, on Nov 18, 2016, Gregory L Ebel (CEO) purchased 8,000 shares at 41.58 per share price.On Nov 16, 2016, J D Woodward (director) purchased 2,500 shares at 42.27 per share price.

Spectra Energy Partners LP Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.76 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.78. The company had revenue of $628.00 million for the quarter, compared to analysts expectations of $650.53 million. The companys revenue was up 2.6% compared to the same quarter last year.

Spectra Energy Partners, LP (NYSE:SEP) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.64 by 14 Brokerage Firm. 9 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.

Spectra Energy Partners, LP (NYSE:SEP): The mean estimate for the short term price target for Spectra Energy Partners, LP (NYSE:SEP) stands at $51.92 according to 12 Analysts. The higher price target estimate for the stock has been calculated at $57 while the lower price target estimate is at $43.

Spectra Energy Partners, LP (NYSE:SEP) rose 0.33% or 0.15 points on Tuesday and made its way into the gainers of the day. After trading began at $45.53 the stock was seen hitting $45.55 as a peak level and $44.95 as the lowest level. The stock ended up at $45.5. The daily volume was measured at 715,670 shares. The 52-week high of the share price is $50.48 and the 52-week low is $40.19. The company has a market cap of $13,921 million.

SPECTRA ENERGY PERTNERS LP is a growth oriented, Delaware master limited partnership recently formed by Spectra Energy Corp, headquartered in Houston, Texas, to own and operate natural gas transportation and storage assets. The company is one of the largest operators of natural gas pipelines and storage facilities in North America.


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