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Buckeye Partners, L.P. (NYSE:BPL) gets upgraded to Overweight by Barclays with a price target of $38.00

Analyst Ratings For Buckeye Partners, L.P. (NYSE:BPL)

Today, Buckeye Partners, L.P. (NYSE:BPL) stock received an upgrade by Barclays from Equal Weight to Overweight with a price target of $38.00.

There are 11 Hold Ratings, 2 Buy Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Buckeye Partners, L.P. (NYSE:BPL) is Hold with a consensus target price of $41.0714 per share, a potential 29.64% upside.

Some recent analyst ratings include

About Buckeye Partners, L.P. (NYSE:BPL)
Buckeye Partners, L.P. owns and operates liquid petroleum products pipelines in the United States and internationally. The company operates through three segments: Domestic Pipelines & Terminals, Global Marine Terminals, and Merchant Services. The Domestic Pipelines & Terminals segment transports liquid petroleum products, including gasoline, jet fuel, and various distillates; refined petroleum products; and crude oil. This segment also provides crude oil services, including train loading/unloading, storage, and throughput; and turn-key operations and maintenance, asset development, and construction services for third-party pipeline and energy assets, as well as operates and/or maintains third-party pipelines. It owns and operates approximately 6,000 miles of pipeline located primarily in the northeastern and upper midwestern portions of the United States, and services 110 delivery locations; 115 active terminals that provide bulk storage and throughput services with aggregate storage capacity of 56 million barrels; and 2 underground propane storage caverns. The Global Marine Terminals segment provides marine accessible bulk storage and blending, rail and truck rack loading/unloading, and petroleum processing services in the New York Harbor on the East Coast and Corpus Christi, Texas in the Gulf Coast region of the United States, as well as The Bahamas, Puerto Rico, and St. Lucia in the Caribbean, Northwest Europe, the Middle East, and Southeast Asia. This segment owns and operates 22 liquid petroleum products and crude oil terminals. The Merchant Services segment is involved in the wholesale distribution of refined petroleum products, including gasoline, natural gas liquids, propane, ethanol, and biodiesel, as well as petroleum distillates, such as heating oil, diesel fuel, kerosene, and fuel oil. Buckeye GP LLC serves as the general partner of the company. Buckeye Partners, L.P. was founded in 1886 and is based in Houston, Texas.

Recent Trading Activity for Buckeye Partners, L.P. (NYSE:BPL)
Shares of Buckeye Partners, L.P. closed the previous trading session at 31,61 −0,040 0,13 % with 310454 shares trading hands.

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