Add Up The Pieces: EIPI Could Be Worth $22
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 12 2024
0mins
Source: NASDAQ.COM
ETF Analyst Target Prices: The FT Energy Income Partners Enhanced Income ETF (EIPI) has an implied analyst target price of $22.10 per unit, indicating a potential upside of 9.74% from its current trading price of $20.14.
Underlying Holdings Performance: Notable underlying holdings such as Plains All American Pipeline LP, National Fuel Gas Co., and Hess Midstream LP show significant upside potential based on analysts' target prices, raising questions about the validity of these targets amidst market developments.
Analyst Views on NFG
Wall Street analysts forecast NFG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NFG is 101.00 USD with a low forecast of 96.00 USD and a high forecast of 106.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
0 Buy
4 Hold
0 Sell
Hold
Current: 82.930
Low
96.00
Averages
101.00
High
106.00
Current: 82.930
Low
96.00
Averages
101.00
High
106.00
About NFG
National Fuel Gas Company is a diversified, integrated energy company with a complementary mix of natural gas assets. It is engaged in the production, gathering, transportation, storage and distribution of natural gas. Its segments include Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment is engaged in the exploration for, and the development and production of, primarily natural gas in the Appalachian region of the United States. The Pipeline and Storage segment provides interstate natural gas transportation services for affiliated and nonaffiliated companies through integrated natural gas pipeline systems in Pennsylvania and New York. The Gathering segment builds, owns, and operates gathering facilities in the Appalachian region. The Utility segment provides natural gas utility services to approximately 755,000 customers through a local distribution system located in western New York and northwestern Pennsylvania.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
