Barclays Keeps a Hold Rating on Spectra Energy Partners (SEP)


In a report released yesterday, Christine Cho from Barclays maintained a Hold rating on Spectra Energy Partners (NYSE: SEP), with a price target of $40. The company’s shares closed yesterday at $36.95.

According to TipRanks.com, Cho is a 2-star analyst with an average return of 0.9% and a 48.8% success rate. Cho covers the Basic Materials sector, focusing on stocks such as Cheniere Energy Partners LP Holdings LLC, Enterprise Products Partners LP, and Cheniere Energy Partners LP.

Spectra Energy Partners has an analyst consensus of Hold, with a price target consensus of $37.25.

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Spectra Energy Partners’ market cap is currently $17.92B and has a P/E ratio of 38.89. The company has a Price to Book ratio of 1.54.

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Spectra Energy Partners LP engages in the transmission, storage, and gathering of natural gas. The company also transports and stores crude oil through the interstate pipeline systems. It operates through the following segments: U.S. Transmission, and Liquids.

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