Share on StockTwits

Regency Energy Partners (NYSE:RGP) has earned a consensus rating of “Hold” from the eleven ratings firms that are currently covering the company, Stock Ratings News reports. One analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $34.27.

Regency Energy Partners (NYSE:RGP) traded up 0.56% during mid-day trading on Wednesday, hitting $32.24. The stock had a trading volume of 83,968 shares. Regency Energy Partners has a 52-week low of $23.86 and a 52-week high of $32.35. The stock has a 50-day moving average of $31.31 and a 200-day moving average of $28.80. The company has a market cap of $12.822 billion and a price-to-earnings ratio of 654.29.

Regency Energy Partners (NYSE:RGP) last released its earnings data on Wednesday, August 6th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.20. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the previous year, the company posted $0.07 earnings per share. The company’s revenue for the quarter was up 84.4% on a year-over-year basis. Analysts expect that Regency Energy Partners will post $0.14 EPS for the current fiscal year.

A number of research firms have recently commented on RGP. Analysts at TheStreet downgraded shares of Regency Energy Partners to a “hold” rating in a research note on Wednesday, August 20th. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Regency Energy Partners in a research note on Friday, August 8th. They now have a $33.00 price target on the stock, up previously from $32.00. Finally, analysts at Zacks upgraded shares of Regency Energy Partners from an “underperform” rating to a “neutral” rating in a research note on Thursday, August 7th. They now have a $30.40 price target on the stock.

Regency Energy Partners LP (NYSE:RGP) is engaged in the gathering and processing, contract compression, treating and transportation of natural gas and the transportation, fractionation and storage of natural gas liquids (NGLs).

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.