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BreitBurn Energy Partners L.P. (NASDAQ:BBEP) has received an average rating of “Buy” from the twelve analysts that are covering the stock, Analyst Ratings Net reports. Three analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $21.81.

BBEP has been the subject of a number of recent research reports. Analysts at Global Hunter Securities initiated coverage on shares of BreitBurn Energy Partners L.P. in a research note on Friday. They set an “accumulate” rating and a $23.00 price target on the stock. Separately, analysts at Robert W. Baird raised their price target on shares of BreitBurn Energy Partners L.P. from $21.00 to $22.00 in a research note on Tuesday, May 13th. Finally, analysts at Oppenheimer downgraded shares of BreitBurn Energy Partners L.P. from an “outperform” rating to a “market perform” rating in a research note on Friday, May 9th.

BreitBurn Energy Partners L.P. (NASDAQ:BBEP) traded up 0.41% on Friday, hitting $22.1101. 110,860 shares of the company’s stock traded hands. BreitBurn Energy Partners L.P. has a 52-week low of $14.01 and a 52-week high of $22.22. The stock has a 50-day moving average of $21.02 and a 200-day moving average of $20.34. The company’s market cap is $2.645 billion.

BreitBurn Energy Partners L.P. (NASDAQ:BBEP) last released its earnings data on Thursday, May 8th. The company reported ($0.08) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.20 by $0.28. The company had revenue of $184.90 million for the quarter, compared to the consensus estimate of $217.67 million. During the same quarter last year, the company posted ($0.38) earnings per share. BreitBurn Energy Partners L.P.’s revenue was up 90.8% compared to the same quarter last year. Analysts expect that BreitBurn Energy Partners L.P. will post $0.67 EPS for the current fiscal year.

BreitBurn Energy Partners L.P. is an independent oil and gas partnership focused on the acquisition, exploitation and development of oils and gas properties in the United States.

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