How Analysts Rated Global Partners LP (NYSE:GLP) Last Week?

March 14, 2018 - By Adrian Mccoy

 How Analysts Rated Global Partners LP (NYSE:GLP) Last Week?
Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.13, from 1.04 in 2017Q2. It turned negative, as 7 investors sold Global Partners LP shares while 15 reduced holdings. 5 funds opened positions while 15 raised stakes. 13.20 million shares or 0.07% less from 13.21 million shares in 2017Q2 were reported.
Clearbridge Investments Ltd Limited Liability Company reported 173,670 shares stake. Guggenheim Capital Ltd Limited Liability Company holds 0% or 34,582 shares. First Manhattan invested in 0% or 1,500 shares. Alphamark Ltd Liability Com holds 0% or 200 shares. Toronto Dominion Commercial Bank has invested 0% in Global Partners LP (NYSE:GLP). Moreover, Morgan Stanley has 0.02% invested in Global Partners LP (NYSE:GLP). 16,171 are held by Commonwealth Equity Serv. 20,001 are held by Savings Bank Of New York Mellon. Moors Cabot holds 0.03% or 11,388 shares. Acadian Asset Ltd Liability Corporation has invested 0% of its portfolio in Global Partners LP (NYSE:GLP). Plante Moran Ltd Liability Corp holds 0.01% or 1,000 shares in its portfolio. Cutler Mngmt Ltd Liability Com invested in 0.11% or 14,100 shares. The United Kingdom-based Gsa Prns Limited Liability Partnership has invested 0.08% in Global Partners LP (NYSE:GLP). Baldwin Brothers Inc Ma invested in 0.05% or 19,500 shares. Northwestern Mutual Wealth Mngmt Co reported 62 shares.

Global Partners LP (NYSE:GLP) Ratings Coverage

Among 8 analysts covering Global Partners (NYSE:GLP), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. Global Partners had 20 analyst reports since August 8, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Equal-Weight” rating in Monday, March 12 report. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, June 22. The stock has “Buy” rating by Stifel Nicolaus on Thursday, September 14. The firm has “Neutral” rating by Janney Capital given on Friday, June 23. Stifel Nicolaus downgraded Global Partners LP (NYSE:GLP) on Tuesday, March 13 to “Hold” rating. The firm earned “Mkt Perform” rating on Wednesday, November 11 by FBR Capital. The stock of Global Partners LP (NYSE:GLP) has “Buy” rating given on Friday, March 10 by Stifel Nicolaus. Barclays Capital maintained it with “Equal-Weight” rating and $16 target in Tuesday, August 16 report. The rating was initiated by J.P. Morgan with “Hold” on Tuesday, November 21. The firm has “Neutral” rating given on Friday, January 29 by Mitsubishi UFJ. Below is a list of Global Partners LP (NYSE:GLP) latest ratings and price target changes.

13/03/2018 Broker: Stifel Nicolaus Rating: Hold Downgrade
12/03/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $19 New Target: $18 Maintain
21/11/2017 Broker: J.P. Morgan Rating: Hold New Target: $19.0 Initiate

The stock decreased 3.16% or $0.55 during the last trading session, reaching $16.85. About 125,295 shares traded or 74.66% up from the average. Global Partners LP (NYSE:GLP) has risen 51.68% since March 14, 2017 and is uptrending. It has outperformed by 34.98% the S&P500.

Global Partners LP, a midstream logistics and marketing company, distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial clients in the New England states and New York. The company has market cap of $570.79 million. It operates in three divisions: Wholesale, Gasoline Distribution and Station Operations, and Commercial. It has a 9.7 P/E ratio. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks.

More recent Global Partners LP (NYSE:GLP) news were published by: which released: “Global Partners LP’s (GLP) CEO Eric Slifka on Q4 2017 Results – Earnings Call …” on March 08, 2018. Also published the news titled: “Stifel Downgrades Global Partners, LP (GLP) to Hold” on March 13, 2018.‘s news article titled: “Global Partners LP (GLP) Files 10-K for the Fiscal Year Ended on December 31, 2017” with publication date: March 10, 2018 was also an interesting one.

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