USD Partners (NYSE:USDP) has been given a $11.00 target price by equities researchers at B. Riley in a report issued on Monday. The firm currently has a “neutral” rating on the transportation company’s stock. B. Riley’s price objective suggests a potential upside of 4.27% from the stock’s previous close.

Other equities analysts also recently issued research reports about the company. BidaskClub downgraded USD Partners from a “buy” rating to a “hold” rating in a research report on Friday, October 27th. TheStreet raised USD Partners from a “c” rating to a “b-” rating in a research report on Monday, October 9th. Zacks Investment Research downgraded USD Partners from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Finally, ValuEngine raised USD Partners from a “buy” rating to a “strong-buy” rating in a research report on Monday, December 4th. One analyst has rated the stock with a sell rating, three have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. USD Partners has a consensus rating of “Hold” and a consensus target price of $14.00.

USD Partners (USDP) opened at $10.55 on Monday. USD Partners has a 12-month low of $9.00 and a 12-month high of $17.50. The company has a debt-to-equity ratio of 2.50, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market capitalization of $276.76, a P/E ratio of 10.71 and a beta of 0.95.

Several hedge funds have recently modified their holdings of USDP. Goldman Sachs Group Inc. bought a new stake in shares of USD Partners in the second quarter valued at approximately $20,960,000. Evergreen Capital Management LLC boosted its stake in shares of USD Partners by 39.1% in the third quarter. Evergreen Capital Management LLC now owns 862,570 shares of the transportation company’s stock valued at $9,488,000 after buying an additional 242,350 shares during the period. HITE Hedge Asset Management LLC bought a new stake in shares of USD Partners in the second quarter valued at approximately $2,382,000. Institutional & Family Asset Management LLC bought a new stake in shares of USD Partners in the third quarter valued at approximately $271,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of USD Partners in the second quarter valued at approximately $165,000. Institutional investors and hedge funds own 27.01% of the company’s stock.

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USD Partners Company Profile

USD Partners LP acquires, develops and operates energy-related logistics assets, including rail terminals and other midstream infrastructure. The Company’s segments include Terminalling services and Fleet services. The Terminalling services segment consists of various operations, including Hardisty terminal, Casper terminal and Ethanol terminals.

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