How Analysts Rated Western Gas Equity Partners, LP (NYSE:WGP) Last Week?

October 13, 2018 - By Winifred Garcia

Western Gas Equity Partners, LP (NYSE:WGP) LogoInvestors sentiment decreased to 1.61 in 2018 Q2. Its down 0.17, from 1.78 in 2018Q1. It is negative, as 13 investors sold Western Gas Equity Partners, LP shares while 25 reduced holdings. 17 funds opened positions while 44 raised stakes. 44.97 million shares or 15.93% more from 38.79 million shares in 2018Q1 were reported.
Rr Limited Com holds 3.14% or 781,000 shares. Wells Fargo Mn invested in 0% or 52,878 shares. Conning holds 25,125 shares or 0.03% of its portfolio. Cibc Asset owns 7,835 shares. Chickasaw Cap Management Ltd Liability Company accumulated 5.33 million shares. Moneta Grp Investment Advisors Ltd Company reported 220 shares. Parkside National Bank & Trust & Tru has invested 0.36% in Western Gas Equity Partners, LP (NYSE:WGP). Van Eck Associates holds 22,558 shares. Oxbow Advsrs Limited Co stated it has 8,115 shares. Lucas Cap, New Jersey-based fund reported 54,628 shares. Jennison Assoc Llc has invested 0.02% in Western Gas Equity Partners, LP (NYSE:WGP). Raymond James And has invested 0% in Western Gas Equity Partners, LP (NYSE:WGP). Guggenheim Capital Limited Liability accumulated 16,133 shares. Hollow Brook Wealth Mgmt Limited Co invested 2.52% of its portfolio in Western Gas Equity Partners, LP (NYSE:WGP). Pnc Financial has 65,858 shares for 0% of their portfolio.

Western Gas Equity Partners, LP (NYSE:WGP) Ratings Coverage

Among 9 analysts covering Western Gas Equity (NYSE:WGP), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Western Gas Equity had 13 analyst reports since April 17, 2018 according to SRatingsIntel. The firm has “Neutral” rating by Bank of America given on Tuesday, June 5. As per Friday, August 17, the company rating was maintained by Morgan Stanley. Citigroup maintained it with “Buy” rating and $43 target in Tuesday, July 31 report. The firm earned “Neutral” rating on Friday, October 5 by Bank of America. The firm earned “Market Perform” rating on Monday, September 24 by Wells Fargo. The stock has “Buy” rating by MUFG Securities Americas Inc on Thursday, May 3. As per Tuesday, June 12, the company rating was maintained by Barclays Capital. Barclays Capital maintained the stock with “Equal-Weight” rating in Tuesday, April 17 report. Barclays Capital maintained Western Gas Equity Partners, LP (NYSE:WGP) rating on Wednesday, August 29. Barclays Capital has “Equal-Weight” rating and $37 target. The stock of Western Gas Equity Partners, LP (NYSE:WGP) has “Equal-Weight” rating given on Wednesday, July 11 by Barclays Capital. Below is a list of Western Gas Equity Partners, LP (NYSE:WGP) latest ratings and price target changes.

11/10/2018 Broker: Credit Suisse Rating: Neutral New Target: $34 Initiates Coverage On
05/10/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $39 New Target: $36 Maintain
24/09/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $43 New Target: $39 Maintain
18/09/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $40 Initiates Coverage On
29/08/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $36 New Target: $37 Maintain
17/08/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $41 New Target: $40 Maintain
31/07/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $41 New Target: $43 Maintain
11/07/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $37 New Target: $36 Maintain
12/06/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $35 New Target: $37 Maintain
05/06/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $35 New Target: $39 Maintain

The stock increased 0.06% or $0.02 during the last trading session, reaching $32.61. About 305,486 shares traded or 65.70% up from the average. Western Gas Equity Partners, LP (NYSE:WGP) has declined 11.74% since October 13, 2017 and is downtrending. It has underperformed by 27.36% the S&P500.

Western Gas Equity Partners, LP engages in gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil primarily in the United States. The company has market cap of $7.14 billion. The firm owns or has investments in assets located in the Rocky Mountains, including Colorado, Utah, and Wyoming; North-central Pennsylvania; and Texas. It has a 19.6 P/E ratio. Western Gas Equity Holdings, LLC serves as the general partner Western Gas Equity Partners, LP.

More news for Western Gas Equity Partners, LP (NYSE:WGP) were recently published by: Streetinsider.com, which released: “Credit Suisse Starts Western Gas Equity Partners, LP (WGP) at Neutral” on October 10, 2018. Benzinga.com‘s article titled: “Benzinga’s Top Upgrades, Downgrades For September 18, 2018” and published on September 18, 2018 is yet another important article.

Western Gas Equity Partners, LP (NYSE:WGP) Institutional Positions Chart

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