Tallgrass Energy GP, LP TEGP was a big mover last session, as the company saw its shares rise over 8% on the day. This led to solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now down 29.6% in the last one month.
The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Tallgrass Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the same space is Black Stone Minerals, L.P. BSM, holding a Zacks Rank #2 (Buy).
Is TEGP going up? Or down? Predict to see what others think: Up or Down
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