Nustar Energy (NYSE:NS) was upgraded by equities research analysts at Citigroup from a “neutral” rating to a “buy” rating in a research report issued on Tuesday, MarketBeat reports. The firm currently has a $33.00 price target on the pipeline company’s stock. Citigroup’s target price would indicate a potential upside of 9.82% from the stock’s previous close.

NS has been the topic of a number of other reports. Zacks Investment Research raised shares of Nustar Energy from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 14th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $42.00 target price on shares of Nustar Energy in a report on Thursday, October 12th. BidaskClub raised shares of Nustar Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. Wells Fargo & Company reaffirmed a “market perform” rating and issued a $37.00 target price (down from $42.00) on shares of Nustar Energy in a report on Thursday, November 9th. They noted that the move was a valuation call. Finally, ValuEngine cut shares of Nustar Energy from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. Nustar Energy presently has an average rating of “Hold” and an average target price of $40.38.

Nustar Energy (NYSE NS) traded down $0.13 during mid-day trading on Tuesday, reaching $30.05. 584,900 shares of the company’s stock were exchanged, compared to its average volume of 381,957. The company has a current ratio of 0.36, a quick ratio of 0.33 and a debt-to-equity ratio of 1.77. Nustar Energy has a 12 month low of $26.21 and a 12 month high of $55.64. The firm has a market capitalization of $2,807.73, a PE ratio of 79.42 and a beta of 1.27.

Nustar Energy (NYSE:NS) last released its quarterly earnings data on Tuesday, November 7th. The pipeline company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.12). The company had revenue of $440.60 million for the quarter, compared to analyst estimates of $413.81 million. Nustar Energy had a return on equity of 6.89% and a net margin of 6.09%. The firm’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.49 EPS. equities analysts predict that Nustar Energy will post 0.82 EPS for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in NS. Citigroup Inc. boosted its position in shares of Nustar Energy by 443.8% during the 2nd quarter. Citigroup Inc. now owns 19,668 shares of the pipeline company’s stock worth $918,000 after purchasing an additional 16,051 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Nustar Energy by 42.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 17,282 shares of the pipeline company’s stock worth $806,000 after purchasing an additional 5,131 shares in the last quarter. Rockefeller Financial Services Inc. purchased a new stake in shares of Nustar Energy during the 3rd quarter worth $765,000. AlphaMark Advisors LLC boosted its position in shares of Nustar Energy by 9.3% during the 2nd quarter. AlphaMark Advisors LLC now owns 5,898 shares of the pipeline company’s stock worth $275,000 after purchasing an additional 500 shares in the last quarter. Finally, Adams Asset Advisors LLC boosted its position in shares of Nustar Energy by 4.4% during the 3rd quarter. Adams Asset Advisors LLC now owns 154,910 shares of the pipeline company’s stock worth $6,287,000 after purchasing an additional 6,507 shares in the last quarter. 57.59% of the stock is currently owned by institutional investors.

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Nustar Energy Company Profile

NuStar Energy L.P. is engaged in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of petroleum products, and the marketing of petroleum products. The Company’s segments include pipeline, storage and fuels marketing. The pipeline segment consists of the transportation of refined petroleum products, crude oil and anhydrous ammonia.

Analyst Recommendations for Nustar Energy (NYSE:NS)

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