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Genesis Energy, L.P. (NYSE:GEL) was downgraded by equities researchers at Janney Montgomery Scott to a “neutral” rating in a research report issued on Tuesday, AnalystRatingsNetwork reports.

Several other analysts have also recently commented on the stock. Analysts at Barclays downgraded shares of Genesis Energy, L.P. from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, January 14th. Separately, analysts at Credit Suisse upgraded shares of Genesis Energy, L.P. from a “neutral” rating to an “outperform” rating in a research note on Thursday, January 9th. Finally, analysts at MLV Capital initiated coverage on shares of Genesis Energy, L.P. in a research note on Monday, December 2nd. They set a “hold” rating on the stock. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $54.75.

Genesis Energy, L.P. (NYSE:GEL) traded down 4.21% during mid-day trading on Tuesday, hitting $53.90. 599,930 shares of the company’s stock traded hands. Genesis Energy, L.P. has a one year low of $42.34 and a one year high of $56.80. The stock has a 50-day moving average of $53.78 and a 200-day moving average of $50.94. The company has a market cap of $4.780 billion and a price-to-earnings ratio of 48.55.

Genesis Energy, L.P. (NYSE:GEL) last released its earnings data on Tuesday, February 18th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.17. The company had revenue of $961.04 billion for the quarter, compared to the consensus estimate of $1.45 billion. Analysts expect that Genesis Energy, L.P. will post $1.19 EPS for the current fiscal year.

Genesis Energy, L.P. (NYSE:GEL) is a limited partnership focused on the midstream segment of the oil and gas industry in the Gulf Coast region of the United States, primarily Texas, Louisiana, Arkansas, Mississippi, Alabama and Florida.

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