Barclays Maintains a Hold Rating on Crestwood Equity


Barclays analyst Christine Cho maintained a Hold rating on Crestwood Equity (NYSE: CEQP) yesterday and set a price target of $34. The company’s shares opened today at $33.55, close to its 52-week high of $35.65.

According to TipRanks.com, Cho is a 3-star analyst with an average return of 2.2% and a 48.2% success rate. Cho covers the Basic Materials sector, focusing on stocks such as Enterprise Products Partners LP, Dcp Midstream Partners Lp, and EnLink Midstream Partners.

Crestwood Equity has an analyst consensus of Moderate Buy, with a price target consensus of $34.50.

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The company has a one-year high of $35.65 and a one-year low of $20. Currently, Crestwood Equity has an average volume of 316.4K.

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Crestwood Equity Partners LP owns and operates energy midstream infrastructure and engages in the natural gas liquids marketing, supply and logistics business. It operates through three segments: Gathering and Processing; Storage and Transportation; and Marketing, Supply and Logistics.

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