Published On: Wed, Oct 19th, 2016

JP Energy Partners LP (NYSE:JPEP) – Broker Update

Below are the most recently updated broker updates which include ratings and price targets for JP Energy Partners LP (NYSE:JPEP).

10/07/2016 – Broker: D.A. Davidson Rating: buy New Target: 10.75 newcoverage

09/09/2016 – Broker: Bank of America Merrill Lynch Rating: neutral upgrade

05/16/2016 – Broker: Simmons Rating: neutral New Target: 7 reiteration

05/16/2016 – Broker: Stephens Rating: equal-weight reiteration

01/11/2016 – Broker: Barclays Rating: equal-weight New Target: 6 downgrade

11/11/2015 – Broker: RBC Capital Rating: sector perform New Target: 8 reiteration

09/21/2015 – Broker: Robert W. Baird Rating: neutral New Target: 9 upgrade

05/18/2015 – Broker: Zacks Rating: buy New Target: 15 upgrade

The average price target from the most recent broker reports is 9.29

The stock increased +1.25% (+0.10) during the last days session, reaching 7.69 and roughly 42452 shares were bought or sold by traders. JP Energy Partners LP (NYSE:JPEP) has increased by +24.84% over 12 months.

JP Energy Partners LP owns, operates, develops and acquires a portfolio of midstream energy assets. The Company provides midstream infrastructure solutions for the supply of crude oil, refined products and natural gas liquids (NGLs) in the United States. The Company’s segments include crude oil pipelines and storage, refined products terminals and storage, and NGL distribution and sales. The Company’s crude oil businesses are situated in areas, including the Permian Basin and Eagle Ford shale. Its crude oil pipelines and storage segment manages the physical movement of crude oil from origination to final destination through its network of owned and leased assets. Its refined product terminals and storage segment consists of approximately two refined products terminals located in North Little Rock, Arkansas and Caddo Mills, Texas. The Company’s NGL distribution and sales segment involves the retail, commercial and wholesale sale of NGLs and other refined products.