Barclays Sticks to Its Hold Rating for Spectra Energy Partners (SEP)


Barclays analyst Christine Cho maintained a Hold rating on Spectra Energy Partners (NYSE: SEP) on October 12 and set a price target of $39. The company’s shares closed on Friday at $35.41.

According to TipRanks.com, Cho is a 2-star analyst with an average return of 0.4% and a 45.0% success rate. Cho covers the Basic Materials sector, focusing on stocks such as Enterprise Products Partners LP, Dcp Midstream Partners Lp, and Antero Midstream Partners.

The word on The Street in general, suggests a Hold analyst consensus rating for Spectra Energy Partners with a $38.67 average price target.

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The company has a one-year high of $45.04 and a one-year low of $29.89. Currently, Spectra Energy Partners has an average volume of 904.6K.

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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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