As of May, 2 Tallgrass Energy GP, LP (TEGP) Analysts See $0.23 EPS

April 20, 2018 - By Leslie Harms

Earnings report for Tallgrass Energy GP, LP (NYSE:TEGP) is awaited On May, 2., Zacks reports. Analysts expect change of 9.52 % or $0.02 from previous year’s $0.21 earnings per share compared to current’s $0.23 earnings per share. This could be $42.51M profit for TEGP assuming the current $0.23 earnings per share will become reality. Last quarter $0.13 earnings per share was reported. Analysts predicts 76.92 % EPS growth this quarter. TEGP reached $21.98 during the last trading session after $0.27 change.Currently Tallgrass Energy GP, LP is downtrending after 34.57% change in last April 20, 2017. TEGP has 15,387 shares volume. TEGP underperformed the S&P 500 by 46.12%.

Tallgrass Energy GP, LP (NYSE:TEGP) Ratings Coverage

In total 7 analysts cover Tallgrass Energy GP (NYSE:TEGP). “Buy” rating has 3, “Sell” are 1, while 3 are “Hold”. 43% are bullish. 17 are the (NYSE:TEGP)’s analyst reports since October 30, 2017 according to StockzIntelligence Inc. The stock rating was maintained by Robert W. Baird with “Buy” on Thursday, February 15. The stock rating was maintained by Stifel Nicolaus with “Buy” on Thursday, February 8. On Tuesday, March 27 the rating was maintained by Citigroup with “Buy”. On Friday, November 3 the stock of Tallgrass Energy GP, LP (NYSE:TEGP) has “Buy” rating given by Stifel Nicolaus. On Tuesday, February 27 the rating was maintained by Robert W. Baird with “Buy”. On Monday, February 12 the rating was downgraded by Barclays Capital to “Equal-Weight”. The company rating was maintained by Morgan Stanley on Wednesday, March 28. In Tuesday, March 27 report Stifel Nicolaus maintained the stock with “Buy” rating. On Wednesday, February 14 the company was maintained by RBC Capital Markets. In Monday, December 4 report Robert W. Baird maintained it with “Buy” rating and $33.0 target.

Tallgrass Energy GP, LP, through its interests in Tallgrass Equity, LLC, provides crude oil transportation services to clients in Wyoming, Colorado, and the surrounding regions of the United States.The firm is valued at $4.06 billion. It operates through three divisions: Crude Oil Transportation & Logistics, Natural Gas Transportation & Logistics, and Processing & Logistics.Currently it has negative earnings. The firm also provides natural gas transportation and storage services for clients in the Rocky Mountain, Midwest, and Appalachian regions.

Tallgrass Energy GP, LP (NYSE:TEGP) Analyst Ratings Chart

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