In a report released today, Christine Cho, CFA from Barclays maintained a Hold rating on Global Partners Lp (GLP), with a price target of $19. The company’s shares opened today at $18.85.
According to TipRanks.com, CFA is a 2-star analyst with an average return of 0.3% and a 50.3% success rate. CFA covers the Basic Materials sector, focusing on stocks such as Dcp Midstream Partners Lp, Holly Energy Partners LP, and Andeavor Logistics LP.
Global Partners Lp has an analyst consensus of Hold, with a price target consensus of $19.
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The company has a one-year high of $21.05 and a one-year low of $13.63. Currently, Global Partners Lp has an average volume of 82.37K.
Based on the recent corporate insider activity of 15 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 GLP in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Global Partners LP engages in purchasing, selling, storing, and logistics of transporting petroleum and related products. It operates through the following business segments; Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial.
