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up 65.54 %

SPECTRA ENERGY PARTERS LP (SEP) upgraded to Buy with price target $34 by UBS

Posted on: Tuesday,  Jun 28, 2011  10:25 AM ET by UBS

UBS rated Buy SPECTRA ENERGY PARTERS LP (NYSE: SEP) on 06/28/2011, when the stock price was $30.88. Since
then, SPECTRA ENERGY PARTERS LP has gained 65.54% as of 01/15/2016's recent price of $51.12.
If you would have followed this UBS's recommendation on SEP, you would have gained 65.54% of your investment in 1662 days.

Spectra Energy Partners, LP (Spectra Energy Partners), together with its subsidiaries, is engaged in the transportation of natural gas through interstate pipeline systems with approximately 2,200 miles of pipelines that serve the southeastern United States, and the storage of natural gas in underground facilities with aggregate working gas storage capacity of approximately 42 billion cubic feet (Bcf) that are located in southeast Texas, south central Louisiana and southwest Virginia. The Company transports and stores natural gas for a mix of customers, including local gas distribution companies (LDCs), municipal utilities, interstate and intrastate pipelines, direct industrial users, electric power generators, marketers and producers. On April 4, 2008, the Company acquired equity interests of Saltville Gas Storage Company L.L.C. (Saltville) and the P-25 pipeline from Spectra Energy Corp.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/28/2011 10:25 AM Buy
30.88 34.00
as of 12/30/2011
1 Week up  2.27 %
1 Month up  5.58 %
3 Months up  13.29 %
1 YTD up  3.49 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/24/2010 12:25 PM Hold
34.23 34.00
10/23/2009 9:25 AM Hold
7/1/2008 8:25 AM Buy

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