News headlines about Energy Transfer Equity, L.P. (NYSE:ETE) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Energy Transfer Equity, L.P. earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave press coverage about the pipeline company an impact score of 61 out of 100, indicating that recent press coverage is somewhat likely to have an effect on the stock’s share price in the immediate future.

Here are some of the news stories that may have impacted Accern’s analysis:

Several brokerages recently weighed in on ETE. BidaskClub raised shares of Energy Transfer Equity, L.P. from a “strong sell” rating to a “sell” rating in a report on Tuesday. US Capital Advisors reaffirmed a “hold” rating on shares of Energy Transfer Equity, L.P. in a report on Friday, April 7th. ValuEngine cut shares of Energy Transfer Equity, L.P. from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Deutsche Bank AG reduced their target price on shares of Energy Transfer Equity, L.P. from $23.00 to $22.00 and set a “buy” rating on the stock in a report on Wednesday, June 21st. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $19.00 target price on shares of Energy Transfer Equity, L.P. in a report on Monday, April 17th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $20.50.

Energy Transfer Equity, L.P. (ETE) traded up 4.2326% during mid-day trading on Wednesday, reaching $17.2088. 5,285,339 shares of the company’s stock were exchanged. Energy Transfer Equity, L.P. has a 52 week low of $13.18 and a 52 week high of $20.05. The company’s 50 day moving average price is $17.49 and its 200-day moving average price is $18.37. The company has a market capitalization of $18.57 billion, a P/E ratio of 20.6588 and a beta of 1.95.

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About Energy Transfer Equity, L.P.

Energy Transfer Equity, L.P. (ETE) owns equity interests in Energy Transfer Partners, L.P. (ETP) and Sunoco LP, which are engaged in diversified energy-related services. The Company’s segments include Investment in ETP, including the consolidated operations of ETP; Investment in Sunoco LP, including the consolidated operations of Sunoco LP; Investment in Lake Charles LNG, including the operations of Lake Charles LNG, and Corporate and Other.

Insider Buying and Selling by Quarter for Energy Transfer Equity, L.P. (NYSE:ETE)

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