Energy Transfer (NYSE:ET) closed in red and snapped a six-day winning streak, having gained 4.4% over the last six trading sessions.
Shares of the energy company closed -0.47% at $15.93 on Wednesday, below its 52-week high of $16.40. The stock has gained 26.4% in value in the last 12 months.
Energy Transfer has closed in the red for seven trading days in June so far. In May, it closed negatively for 9 out of 22 sessions.
Seeking Alpha’s Quant rating system has given Energy Transfer a “Strong Buy” rating with a score of 4.52 out of 5.
The Dallas, Texas-based company has been graded A for profitability and B for momentum, while its growth and valuation prospects have been graded C+ and A-, respectively.
Turning to the Wall Street community, ten analysts have given ET a “Strong Buy,” while six have rated it a “Buy.” Only one analyst has given the stock a “Hold” recommendation; the company has no “Sell” ratings.
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