Key Analysts at Barclays Reiterate their ‘”Equal-Weight”’ rating for NuStar Energy (NYSE:NS) Shares Today. Their Target Price is $27

August 9, 2018 - By Megan Stone

NuStar Energy L.P. (NYSE:NS) Logo

Investors sentiment decreased to 0.64 in 2018 Q1. Its down 0.26, from 0.9 in 2017Q4. It dived, as 41 investors sold NuStar Energy L.P. shares while 34 reduced holdings. 20 funds opened positions while 28 raised stakes. 55.57 million shares or 2.07% more from 54.44 million shares in 2017Q4 were reported.

Hussman Strategic Advsr holds 0.01% or 1,000 shares in its portfolio. Arrow Investment Advisors Ltd Liability Corporation accumulated 22,555 shares. Delta Asset Ltd Com Tn holds 0% in NuStar Energy L.P. (NYSE:NS) or 750 shares. Citadel Ltd invested in 0% or 128,815 shares. Atlantic Group Limited Liability Company has invested 0% of its portfolio in NuStar Energy L.P. (NYSE:NS). Raymond James And Associates holds 0% or 29,550 shares. Guggenheim Capital Limited Liability Company accumulated 15,561 shares. Wells Fargo And Mn owns 785,143 shares or 0% of their US portfolio. Two Sigma Secs Ltd has 0% invested in NuStar Energy L.P. (NYSE:NS) for 17,692 shares. Bancorp Of Montreal Can reported 968,538 shares stake. Pnc Fincl Gru Incorporated has invested 0% of its portfolio in NuStar Energy L.P. (NYSE:NS). Third Security Ltd Co has 0.21% invested in NuStar Energy L.P. (NYSE:NS). Goldman Sachs Group Inc has invested 0.03% of its portfolio in NuStar Energy L.P. (NYSE:NS). Harvest Fund Advsr Ltd Com holds 5.19M shares or 1.23% of its portfolio. Plante Moran Advsr Ltd Liability Co holds 0.01% of its portfolio in NuStar Energy L.P. (NYSE:NS) for 1,275 shares.

NuStar Energy (NYSE:NS) Rating Reaffirmed

In an analyst note revealed to clients and investors on 8 August, The “Equal-Weight” rating of NuStar Energy (NYSE:NS) shares was reconfirmed by Barclays, who now has a $27 price target on the stock. Barclays’s price target suggests a possible downside of -4.09 % from the current stock price of the company.

NuStar Energy L.P. (NYSE:NS) Ratings Coverage

Among 6 analysts covering NuStar Energy (NYSE:NS), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. NuStar Energy has $27 highest and $22 lowest target. $26.17’s average target is -7.03% below currents $28.15 stock price. NuStar Energy had 11 analyst reports since February 13, 2018 according to SRatingsIntel. The stock has “Hold” rating by Mizuho on Wednesday, April 11. As per Tuesday, April 17, the company rating was maintained by Barclays Capital. The firm has “Equal-Weight” rating given on Friday, April 27 by Barclays Capital. The firm earned “Neutral” rating on Tuesday, May 1 by Citigroup. The stock of NuStar Energy L.P. (NYSE:NS) has “Equal-Weight” rating given on Wednesday, August 8 by Barclays Capital. The rating was maintained by Citigroup on Wednesday, August 8 with “Neutral”. The firm has “Buy” rating by UBS given on Friday, March 2. The firm earned “Neutral” rating on Tuesday, March 13 by JP Morgan. The rating was maintained by JP Morgan on Tuesday, February 13 with “Neutral”. The firm has “Hold” rating given on Wednesday, August 8 by Stifel Nicolaus.

The stock increased 2.55% or $0.7 during the last trading session, reaching $28.15. About 550,166 shares traded. NuStar Energy L.P. (NYSE:NS) has declined 51.27% since August 9, 2017 and is downtrending. It has underperformed by 63.84% the S&P500.

NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products; and transportation of petroleum products and anhydrous ammonia. The company has market cap of $3.29 billion. It operates through three divisions: Pipeline, Storage, and Fuels Marketing. It has a 19.28 P/E ratio. The Pipeline segment transports refined petroleum products, crude oil, and anhydrous ammonia.

More notable recent NuStar Energy L.P. (NYSE:NS) news were published by: Bizjournals.com which released: “Permian Basin growth fuels higher profit for NuStar Energy in second quarter” on August 07, 2018, also Bizjournals.com with their article: “NuStar’s merger with general partner gets OK from GP’s stockholders” published on July 20, 2018, Benzinga.com published: “Earnings Scheduled For August 7, 2018” on August 07, 2018. More interesting news about NuStar Energy L.P. (NYSE:NS) were released by: Bizjournals.com and their article: “Exclusive: NuStar CEO on busting bottlenecks between Permian Basin and the market” published on July 24, 2018 as well as Bizjournals.com‘s news article titled: “By Joshua Mann – Reporter, Houston Business Journal” with publication date: July 23, 2018.

NuStar Energy L.P. (NYSE:NS) Institutional Positions Chart

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