J.P. Morgan analyst Jeremy Tonet maintained a Hold rating on Nustar Energy (NYSE:NS) LP on Tuesday, setting a price target of $17, which is approximately 14.25% above the present share price of $14.88.
Tonet expects Nustar Energy LP to post earnings per share (EPS) of -$1.48 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Nustar Energy, with an average price target of $19.25.
The analysts price targets range from a high of $22 to a low of $17.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $412.35 million and a net profit of $109.78 million. The company's market cap is $1.63 billion.
According to TipRanks.com, J.P. Morgan analyst Jeremy Tonet is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.4% and a 55.42% success rate.
NuStar Energy LP engages in the transportation of petroleum products and anhydrous ammonia, and the terminalling, storage and marketing of petroleum products. It operates through the following segments: Pipeline, Storage, and Fuels Marketing. The Pipeline segment provides transportation of refined petroleum products, crude oil and anhydrous ammonia. The Storage segment is engaged in terminal and storage facilities, which includes storage and handling services on a fee basis for petroleum products, specialty chemicals, crude oil and other liquids. The Fuels Marketing segment purchase crude oil and refined petroleum products for resale. The company was founded in 1999 and is headquartered in San Antonio, TX.