Enterprise Products Partners (EPD) Receives a Buy from Barclays

In a report released today, Theresa Chen from Barclays maintained a Buy rating on Enterprise Products Partners (EPD – Research Report), with a price target of $31.00. The company’s shares closed last Friday at $28.56.

Chen covers the Energy sector, focusing on stocks such as Oneok, HF Sinclair Corporation, and Enterprise Products Partners. According to TipRanks, Chen has an average return of 16.3% and a 73.71% success rate on recommended stocks.

Currently, the analyst consensus on Enterprise Products Partners is a Strong Buy with an average price target of $33.18, which is a 16.18% upside from current levels. In a report released on May 15, J.P. Morgan also maintained a Buy rating on the stock with a $32.00 price target.

The company has a one-year high of $29.46 and a one-year low of $23.39. Currently, Enterprise Products Partners has an average volume of 4.58M.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EPD in relation to earlier this year.

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Enterprise Products Partners (EPD) Company Description:

Texas-based Enterprise Products Partners LP is a leading North American provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, refined products and petrochemicals. The company operates through the following business segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.