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Shares of NuStar Energy L.P. (NYSE:NS) reached a new 52-week high during mid-day trading on Thursday , Analyst Ratings Network.com reports. The company traded as high as $60.46 and last traded at $60.22, with a volume of 449,504 shares trading hands. The stock had previously closed at $59.02.

NS has been the subject of a number of recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of NuStar Energy L.P. in a research note on Wednesday. They now have a $68.00 price target on the stock, up previously from $60.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of NuStar Energy L.P. in a research note on Wednesday, May 14th. They now have a $61.00 price target on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of NuStar Energy L.P. from $55.00 to $59.00 in a research note on Monday, April 28th. They now have a “hold” rating on the stock. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $58.75.

The stock has a 50-day moving average of $57.79 and a 200-day moving average of $52.9. The company’s market cap is $4.735 billion.

NuStar Energy L.P. (NYSE:NS) last announced its earnings results on Wednesday, April 23rd. The company reported $0.36 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.36. The company had revenue of $849.20 million for the quarter, compared to the consensus estimate of $830.24 million. During the same quarter in the previous year, the company posted $0.17 earnings per share. The company’s revenue for the quarter was down 14.9% on a year-over-year basis. On average, analysts predict that NuStar Energy L.P. will post $1.98 earnings per share for the current fiscal year.

In other NuStar Energy L.P. news, Director William E. Greehey bought 85,000 shares of the company’s stock in a transaction dated Friday, May 30th. The shares were purchased at an average cost of $57.70 per share, for a total transaction of $4,904,500.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

NuStar Energy L.P. (NYSE:NS) is engaged in the terminalling and storage of petroleum products, the transportation of petroleum products and anhydrous ammonia, and petroleum refining and marketing.

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