Analyst Revises Genesis Energy, L.P. (NYSE:GEL) Stock Target


Genesis Energy, L.P. (NYSE:GEL) mean price target has been set at $41.2500 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.4500 in the near-term quarter and $1.6600 for the ongoing fiscal. The market cap of Genesis Energy, L.P. Common Uni was recorded at $4.08B after the stock closed at $37.1349 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Genesis Energy, L.P. (NYSE:GEL) has a P/E ratio of 9.0573. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Genesis Energy, L.P. (NYSE:GEL) PEG ratio sits at 1.0600. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Genesis Energy, L.P. Common Uni visibly illustrates that the 50-day MA of Genesis Energy, L.P. Common Uni is $36.9363, and stock is trading 0.1986 or +0.5377% distant from $36.9363. The 200-day MA is $31.6512, and this price is $5.4837 or +17.3254% off from current level. Genesis Energy, L.P. (NYSE:GEL) 52-week high is $48.1500 and the 52-week low is $19.5500. This represents that if the stock moves $-11.0151 points up on the chart to make a 52-week high. But, if it declines $+89.9483%, then the shares price can hit a new 52-week low.

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