Southcross Energy Partners LP Hits New 52-Week Low at $17.52 (SXE)
Southcross Energy Partners LP (NYSE:SXE) set a new 52-week low during trading on Thursday, StockRatingsNetwork.com reports. The stock traded as low as $17.52 and last traded at $17.52, with a volume of 40,788 shares. The stock had previously closed at $18.12.
Several analysts have recently commented on the stock. Analysts at Sidoti initiated coverage on shares of Southcross Energy Partners LP (NYSE:SXE) in a research note to investors on Monday, September 9th. They set a “buy” rating on the stock. Analysts at Barclays Capital cut their price target on shares of Southcross Energy Partners LP (NYSE:SXE) from $22.00 to $19.00 in a research note to investors on Friday, August 16th. They now have an “equal weight” rating on the stock.
Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $24.50.
Southcross Energy Partners LP has a one year low of $17.84 and a one year high of $26.49. The stock’s 50-day moving average is $19.67 and its 200-day moving average is $21.65. The company’s market cap is $428.4 million.
Southcross Energy Partners, L.P. is a limited partnership. The Company owns, operates, develops and acquires midstream energy assets.
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