Crestwood Equity (CEQP) Receives a Hold from Barclays


In a report released yesterday, Christopher Tillett from Barclays maintained a Hold rating on Crestwood Equity (CEQP), with a price target of $40.00. The company’s shares closed last Monday at $34.85.

According to TipRanks.com, Tillett is a 2-star analyst with an average return of 1.5% and a 38.9% success rate. Tillett covers the Basic Materials sector, focusing on stocks such as Antero Midstream Corporation, Western Midstream Partners, and Dcp Midstream Partners Lp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Crestwood Equity with a $43.33 average price target.

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Crestwood Equity’s market cap is currently $2.52B and has a P/E ratio of 12.71. The company has a Price to Book ratio of 1.84.

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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 the following segments: Gathering and Processing; Storage and Transportation; and Marketing, Supply and Logistics.

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