Quick Highlights:
- Energy Transfer LP (ET, Financial) is a top value pick by Goldman Sachs with a $1.79 billion investment.
- Current analyst consensus indicates a potential upside of 34.51% from the current price.
- GuruFocus estimates suggest a possible downside of 23.28% based on GF Value.
Energy Transfer LP (ET), headquartered in Texas, emerges as a standout recommendation in Goldman Sachs' portfolio of value stocks. With a substantial holding of 91.6 million shares valued at $1.79 billion, Goldman Sachs affirms ET's promising potential. Specializing in the transportation and processing of natural gas and crude oil, the company reported impressive Q4 results, showcasing a net income of $1.08 billion. UBS bolsters confidence in ET's growth trajectory, maintaining a Buy ranking with a $24 price target.
Wall Street Analysts' Outlook
According to projections from 15 analysts, Energy Transfer LP (ET, Financial) boasts an average one-year price target of $23.23, with a high estimate of $26.00 and a low of $20.00. This average target suggests a 34.51% upside from the present price of $17.27. For more detailed estimate data, visit the Energy Transfer LP (ET) Forecast page.
Seventeen brokerage firms offer a consensus recommendation for Energy Transfer LP (ET, Financial), providing an average brokerage recommendation of 1.6, categorizing it as "Outperform." The rating scale ranges from 1 (Strong Buy) to 5 (Sell).
Evaluating the GF Value
GuruFocus' valuation metric, the GF Value, estimates Energy Transfer LP (ET, Financial) at $13.25 over the next year, indicating a potential downside of 23.28% from the current price of $17.27. The GF Value reflects GuruFocus' assessment of the fair value based on historical trading multiples, past business growth, and future performance projections. Explore more detailed data on the Energy Transfer LP (ET) Summary page.
