Spectra Energy Partners (SEP) Buy Rating Reconfirmed by Raymond James; With $47.0 Target; Polyone (POL) Sentiment Is 0.93

December 7, 2017 - By Maria Brooks

Among 17 analysts covering Spectra Energy Partners LP (NYSE:SEP), 10 have Buy rating, 2 Sell and 5 Hold. Therefore 59% are positive. Spectra Energy Partners LP has $61 highest and $41.0 lowest target. $50.45’s average target is 25.59% above currents $40.17 stock price. Spectra Energy Partners LP had 40 analyst reports since July 23, 2015 according to SRatingsIntel. Jefferies upgraded Spectra Energy Partners, LP (NYSE:SEP) rating on Thursday, July 23. Jefferies has “Buy” rating and $54 target. The stock has “In-Line” rating by Morgan Stanley on Friday, March 24. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, August 14 report. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, January 23. The stock of Spectra Energy Partners, LP (NYSE:SEP) has “Outperform” rating given on Monday, January 18 by Wells Fargo. JP Morgan upgraded the stock to “Overweight” rating in Thursday, August 13 report. The rating was upgraded by Tudor Pickering on Thursday, September 8 to “Buy”. Stifel Nicolaus maintained Spectra Energy Partners, LP (NYSE:SEP) on Thursday, September 14 with “Buy” rating. The company was maintained on Thursday, October 19 by Stifel Nicolaus. The stock has “Buy” rating by RBC Capital Markets on Thursday, August 3.

PolyOne Corporation provides specialized polymer materials, services and solutions in the United States and internationally. The company has market cap of $3.60 billion. The Company’s Color, Additives, and Inks segment offers specialized color and additive concentrates in solid and liquid form for thermoplastics; dispersions for thermosets; and specialty inks, plastisols, and vinyl slush molding solutions. It currently has negative earnings. The companyÂ’s Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials; and long glass and carbon fiber technology, and thermoset and thermoplastic composites.

Channing Capital Management Llc holds 3.04% of its portfolio in PolyOne Corporation for 2.01 million shares. Private Harbour Investment Management & Counsel Llc owns 51,685 shares or 1.64% of their US portfolio. Moreover, Stanley has 1.11% invested in the company for 105,533 shares. The New York-based Dalton Greiner Hartman Maher & Co has invested 0.9% in the stock. Palisade Capital Management Llc Nj, a New Jersey-based fund reported 622,309 shares.

The stock decreased 0.96% or $0.43 during the last trading session, reaching $44.54. About 304,877 shares traded. PolyOne Corporation (POL) has risen 5.26% since December 7, 2016 and is uptrending. It has underperformed by 11.44% the S&P500.

Analysts await PolyOne Corporation (NYSE:POL) to report earnings on January, 26. They expect $0.39 earnings per share, up 2.63% or $0.01 from last year’s $0.38 per share. POL’s profit will be $31.51 million for 28.55 P/E if the $0.39 EPS becomes a reality. After $0.58 actual earnings per share reported by PolyOne Corporation for the previous quarter, Wall Street now forecasts -32.76% negative EPS growth.

Investors sentiment decreased to 1.28 in Q2 2017. Its down 0.01, from 1.29 in 2017Q1. It fall, as 15 investors sold Spectra Energy Partners, LP shares while 64 reduced holdings. 30 funds opened positions while 71 raised stakes. 59.98 million shares or 0.52% less from 60.30 million shares in 2017Q1 were reported. Deutsche Comml Bank Ag has invested 0.03% in Spectra Energy Partners, LP (NYSE:SEP). Cushing Asset Mngmt Limited Partnership stated it has 0.64% in Spectra Energy Partners, LP (NYSE:SEP). First Trust Lp, Illinois-based fund reported 182,363 shares. Hamlin Cap Management Ltd Liability owns 1.54 million shares. Cv Starr & Tru has 2.77% invested in Spectra Energy Partners, LP (NYSE:SEP) for 150,000 shares. Stifel Fin has 0.07% invested in Spectra Energy Partners, LP (NYSE:SEP). Kayne Anderson Cap Ltd Partnership holds 3.74M shares. Moreover, Hsbc Public Limited Co has 0.01% invested in Spectra Energy Partners, LP (NYSE:SEP). Ftb has 649 shares for 0% of their portfolio. Fdx Advsrs reported 80,064 shares. 10,818 were reported by Ancora Advsrs Ltd Llc. Fort Washington Invest Oh owns 17,541 shares for 0.01% of their portfolio. Moreover, Manufacturers Life Insurance Co The has 0% invested in Spectra Energy Partners, LP (NYSE:SEP). Bokf Na holds 0.02% or 12,433 shares in its portfolio. Dean Inv Assocs Ltd reported 0.25% in Spectra Energy Partners, LP (NYSE:SEP).

Spectra Energy Partners, LP operates as an investment arm of Spectra Energy Corp. The company has market cap of $12.72 billion. Spectra Energy Partners, LP, through its subsidiaries, engages in the transportation of natural gas through interstate pipeline systems, and the storage of natural gas in underground facilities in the United States. It has a 11.99 P/E ratio. As of December 31, 2007, it owned and operated 100% of the approximately 1,400-mile East Tennessee interstate natural gas transportation system that extends from central Tennessee eastward into southwest Virginia and northern North Carolina, and southward into northern Georgia; and a liquefied natural gas storage facility in Kingsport, Tennessee with working gas storage capacity of approximately 1.1 billion cubic feet and re-gasification capability of 150 million cubic feet per day.

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By1 Maria Brooks




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