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Jefferies Issues A Handful Of Downgrades On Gas And Energy Stocks

Jefferies Issues A Handful Of Downgrades On Gas And Energy Stocks - AmeriGas Partners, L.P. NYSE:APU, NiSource, Inc NYSE:NI

Jefferies turned bearish and downgraded some gas and energy stocks amid drop in NGL supplies, lower product pricing and cancellation of contracted export cargoes.

Following are the rating changes of the brokerage:

Related Link: "Hypermilling" Can Save You Cash And Is Also Good For The Environment

At the time of writing, shares/units of:

  • Southwest Gas slipped 1.22 percent to $77.87
  • Williams Partners dropped 2.12 percent to $36.52
  • ONE Gas fell 1.41 percent to $65.17
  • AmeriGas Partners gained 0.18 percent to $48.84
  • NiSource fell 1.09 percent to $25.98

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DateFirmActionFromTo
Jul 2016JefferiesDowngradesBuyHold
Jun 2016UBSDowngradesNeutralSell
May 2016Janney CapitalAssumesBuy

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