Stifel Nicolaus Believes Crestwood Equity (CEQP) Won’t Stop Here


Stifel Nicolaus analyst Selman Akyol maintained a Buy rating on Crestwood Equity (NYSE: CEQP) today and set a price target of $35. The company’s shares closed yesterday at $33.90, close to its 52-week high of $34.40.

According to TipRanks.com, Akyol is a 3-star analyst with an average return of 2.4% and a 59.9% success rate. Akyol covers the Basic Materials sector, focusing on stocks such as Dcp Midstream Partners Lp, Spectra Energy Partners, and Compressco Partners LP.

Crestwood Equity has an analyst consensus of Moderate Buy, with a price target consensus of $33.

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The company has a one-year high of $34.40 and a one-year low of $20. Currently, Crestwood Equity has an average volume of 275.4K.

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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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