Mizuho Securities analyst Gabe Moreen maintained a Buy rating on Enterprise Products Partners (NYSE:) on Monday, setting a price target of $29, which is approximately 30.40% above the present share price of $22.24.
Moreen expects Enterprise Products Partners to post earnings per share (EPS) of $0.52 for the fourth quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Enterprise Products Partners, with an average price target of $28.17.
The analysts price targets range from a high of $31 to a low of $24.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $10.83 billion and a net profit of $1.38 billion. The company’s market cap is $48.53 billion.
According to TipRanks.com, Mizuho Securities analyst Gabe Moreen is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -1.3% and a 52.63% success rate.
Texas-based Enterprise Products Partners LP is a leading North American provider of midstream energy services to producers and consumers of , natural gas liquids (NGLs), , refined products and petrochemicals. The company operates through the following business segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.
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