NuStar GP (NYSE:NSH) was upgraded by investment analysts at Citigroup from a “neutral” rating to a “buy” rating in a research note issued to investors on Tuesday, December 5th, MarketBeat.com reports. The brokerage currently has a $17.00 target price on the pipeline company’s stock. Citigroup’s target price indicates a potential upside of 8.28% from the stock’s previous close.
NSH has been the topic of several other research reports. Mizuho reaffirmed a “hold” rating and set a $25.00 price target on shares of NuStar GP in a research report on Friday, October 20th. Barclays dropped their price target on shares of NuStar GP from $22.00 to $21.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 8th. UBS Group dropped their price target on shares of NuStar GP from $33.00 to $21.00 and set a “buy” rating for the company in a research note on Wednesday, October 18th. Zacks Investment Research downgraded shares of NuStar GP from a “hold” rating to a “sell” rating in a research note on Thursday, September 28th. Finally, BidaskClub upgraded shares of NuStar GP from a “strong sell” rating to a “sell” rating in a research note on Friday, August 25th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $22.33.
NuStar GP (NYSE:NSH) traded up $0.05 on Tuesday, reaching $15.70. 371,142 shares of the company’s stock were exchanged, compared to its average volume of 343,269. The stock has a market cap of $672.20, a price-to-earnings ratio of 7.93 and a beta of 1.03. NuStar GP has a twelve month low of $13.50 and a twelve month high of $31.50.
NuStar GP Company Profile
NuStar GP Holdings, LLC holds interests in NuStar Energy L.P. (NuStar Energy). NuStar Energy is engaged in the transportation of petroleum products and anhydrous ammonia, the terminalling and storage of petroleum products and the marketing of petroleum products. NuStar Energy has terminal and storage facilities in the United States, Canada, Mexico, the Netherlands, including St.
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