NuStar Energy (NYSE:NS) has been assigned a $30.00 price target by investment analysts at Mizuho in a research report issued to clients and investors on Friday. The brokerage presently has a “hold” rating on the pipeline company’s stock. Mizuho’s target price indicates a potential upside of 24.48% from the company’s current price.

Several other analysts also recently commented on NS. Citigroup reduced their price objective on NuStar Energy from $33.00 to $27.00 and set a “neutral” rating for the company in a research note on Friday. Stifel Nicolaus set a $26.00 price objective on NuStar Energy and gave the company a “hold” rating in a research note on Friday. ValuEngine downgraded NuStar Energy from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. B. Riley set a $31.00 price objective on NuStar Energy and gave the company a “hold” rating in a research note on Thursday. Finally, Zacks Investment Research raised NuStar Energy from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Tuesday, January 23rd. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $35.44.

NuStar Energy (NYSE:NS) traded down $1.20 during trading on Friday, hitting $24.10. The stock had a trading volume of 2,397,894 shares, compared to its average volume of 682,862. NuStar Energy has a fifty-two week low of $22.79 and a fifty-two week high of $54.90. The company has a debt-to-equity ratio of 1.77, a current ratio of 0.36 and a quick ratio of 0.33. The stock has a market cap of $2,907.28, a P/E ratio of 62.53 and a beta of 1.19.

NuStar Energy (NYSE:NS) last posted its earnings results on Thursday, February 8th. The pipeline company reported $0.00 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.17). NuStar Energy had a net margin of 6.09% and a return on equity of 6.89%. The firm had revenue of $450.50 million during the quarter, compared to analysts’ expectations of $435.46 million. During the same period in the previous year, the firm posted $0.31 earnings per share. The firm’s revenue for the quarter was down 4.5% on a year-over-year basis. sell-side analysts forecast that NuStar Energy will post 0.84 earnings per share for the current year.

Several hedge funds have recently modified their holdings of the company. Global X Management Co. LLC raised its stake in shares of NuStar Energy by 29.5% during the 4th quarter. Global X Management Co. LLC now owns 905,719 shares of the pipeline company’s stock worth $27,126,000 after buying an additional 206,589 shares in the last quarter. First Trust Advisors LP raised its stake in shares of NuStar Energy by 48.5% during the 4th quarter. First Trust Advisors LP now owns 316,683 shares of the pipeline company’s stock worth $9,485,000 after buying an additional 103,361 shares in the last quarter. California Public Employees Retirement System raised its stake in shares of NuStar Energy by 4.5% during the 4th quarter. California Public Employees Retirement System now owns 149,380 shares of the pipeline company’s stock worth $4,474,000 after buying an additional 6,455 shares in the last quarter. Alps Advisors Inc. raised its stake in shares of NuStar Energy by 2.3% during the 4th quarter. Alps Advisors Inc. now owns 6,571,734 shares of the pipeline company’s stock worth $196,823,000 after buying an additional 149,468 shares in the last quarter. Finally, Ballentine Partners LLC raised its stake in shares of NuStar Energy by 60.8% during the 4th quarter. Ballentine Partners LLC now owns 17,430 shares of the pipeline company’s stock worth $523,000 after buying an additional 6,590 shares in the last quarter. 57.62% of the stock is owned by institutional investors and hedge funds.

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About NuStar Energy

NuStar Energy L.P. is engaged in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of petroleum products, and the marketing of petroleum products. The Company’s segments include pipeline, storage and fuels marketing. The pipeline segment consists of the transportation of refined petroleum products, crude oil and anhydrous ammonia.

Analyst Recommendations for NuStar Energy (NYSE:NS)

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