Analyst Opinion On How To Bet On Enterprise Products Partners L.P. (EPD), Nordstrom, Inc. (JWN)

Enterprise Products Partners L.P. (NYSE:EPD) recently saw its volume around 5.14 million shares and on average it trades 6.3 million shares a day. The opening price of $28.25, led it to gain 1.6% to reach $28.63 upon the closing bell.

Enterprise Products Partners L.P. (EPD) Analyst Opinion

Enterprise Products Partners L.P. has a consensus buy rating from 26 Wall Street analysts, and the number of shares currently sold short amount to at least 0.62% of shares outstanding. The stock spiked 6.67% last month and is up 9.74 this year. Wall Street is only getting more bullish on the stock, with 26 of analysts who cover EPD having a buy-equivalent rating. Analysts have placed a $31.6 price target on Enterprise Products Partners L.P., suggesting a 10.37% gain from recent close. It’s currently trading about -1.42% below its 52-week high.

Enterprise Products Partners L.P. Earnings Surprise

Enterprise Products Partners L.P. (EPD) surprised the stock market in its last reported earnings when it earned $0.41 a piece versus the consensus-estimated $0.38. Its revenue totaled $7.91 billion down -6.08% from the previous quarter.

Enterprise Products Partners L.P. (NYSE:EPD) Intraday View

This stock (EPD) is ahead of its 52-week low with 25.93%. Its last month’s stock price volatility remained 1.97% which for the week stands at 1.93%. The share price has moved forward from its 20 days moving average, trading at a distance of 4.04% and stays 9.77% away from its 50 days moving average. Over the last five days, shares have managed 1.06% gains and now is up 11.26% since hitting its 200-day moving average of $26.31. Enterprise Products Partners L.P. (EPD) has made its way to a 12-month gain of 8.55%.

Turning to Nordstrom, Inc. (NYSE:JWN), its shares were trading at $49 a gain of $0.04, on the trading floor. The stock, after opening at $49.17, touched a high of $49.68 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3. Nordstrom, Inc. has 2 buy ratings, 14 holds and 0 sells even after the stock tumbled -9.26% from its high of $54.00 to a $8.19 billion market value through last close.

Nordstrom, Inc. (JWN) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 2.9 to 2.86 during a month. Analysts set a 12-month price target of $50.69 a share. The target implies a 3.45% spike from where the shares are currently trading. Also, the current price highlights a discount of 18.37% to analysts’ high consensus price target.

Nordstrom, Inc. (NYSE:JWN) Intraday Trading

The counter witnessed a trading volume of 1.6 million shares versus an average volume of 2.07 million shares during last trading session. Its last month’s stock price volatility remained 2.54% which for the week approaches 2.65%. The lowest price the stock reached in the last trading day was $48.77 and compares with the $37.79 52-week low. The stock recovered 29.66% since its low point and has performed 3.42% year-to-date.

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