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Shares of Spectra Energy Corp. (NYSE:SE) have received an average rating of “Hold” from the ten brokerages that are currently covering the stock, Stock Ratings reports. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $42.13.

A number of analysts have recently weighed in on SE shares. Analysts at Scotia Bank reiterated a “sector perform” rating on shares of Spectra Energy Corp. in a research note on Friday. They now have a $42.00 price target on the stock, up previously from $41.00. Separately, analysts at Argus raised their price target on shares of Spectra Energy Corp. from $41.00 to $45.00 in a research note on Monday, June 16th. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Spectra Energy Corp. from $36.00 to $38.00 in a research note on Thursday, June 5th. They now have a “hold” rating on the stock.

Spectra Energy Corp. (NYSE:SE) traded up 0.73% on Monday, hitting $40.10. 841,015 shares of the company’s stock traded hands. Spectra Energy Corp. has a one year low of $32.57 and a one year high of $43.12. The stock has a 50-day moving average of $42.0 and a 200-day moving average of $39.23. The company has a market cap of $26.903 billion and a P/E ratio of 25.07.

Spectra Energy Corp. (NYSE:SE) last released its earnings data on Wednesday, August 6th. The company reported $0.22 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.30 by $0.08. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior year, the company posted $0.30 earnings per share. The company’s quarterly revenue was up 2.7% on a year-over-year basis. On average, analysts predict that Spectra Energy Corp. will post $1.53 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 9th. Stockholders of record on Tuesday, August 12th will be given a dividend of $0.335 per share. This represents a $1.34 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend is Friday, August 8th.

Spectra Energy Corp (NYSE:SE) through its subsidiaries and equity affiliates, owns and operates a portfolio of complementary natural gas-related energy assets and is a natural gas infrastructure company.

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