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Enter Symbol:
Spectra Energy Corp (SE) [hlAlert]

Buy SE
up 24.56 %

Spectra Energy Corp (SE) rated Buy with price target $35 by Argus

Posted on: Tuesday,  Nov 24, 2015  8:25 AM ET by Argus

Argus rated Buy Spectra Energy Corp (NYSE: SE) on 11/24/2015. Previously Argus rated Buy Spectra Energy Corp (NYSE: SE) on 03/31/2010.,
when the stock price was $22.59. Since then, Spectra Energy Corp has gained 24.57% as of 11/24/2015's recent price of $28.14.
If you would have followed the previous Argus's recommendation on SE, you would have gained 24.56% of your investment in 2064 days.

Spectra Energy Corp (Spectra Energy), through its subsidiaries and equity affiliates, owns and operates a large and diversified portfolio of complementary natural gas-related energy assets. The Company operates in three areas of the natural gas industry: gathering and processing, transmission and storage, and distribution. Based in Houston, Texas, it provides transportation and storage of natural gas to customers in various regions of the northeastern and southeastern United States, the Maritime Provinces in Canada and the Pacific Northwest in the United States and Canada, and in the province of Ontario, Canada. The Company also have a 50% ownership in DCP Midstream, LLC (DCP Midstream), a natural gas gatherer and processor in the United States, based in Denver, Colorado. On April 4, 2008, Spectra Energy Partners, LP completed the acquisition of the equity interests of Saltville Gas Storage Company L.L.C. and the P-25 pipeline from Spectra Energy.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/24/2015 8:25 AM Buy
26.91 35.00
as of 8/27/2015
1 Week down  -0.28 %
1 Month down  -15.74 %
3 Months down  -22.71 %
1 YTD down  -20.99 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/11/2014 2:25 PM Buy
37.61 41.00
3/31/2010 2:25 PM Buy
22.59 28.00

(*) Stock Price at the time of the recommendation.
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