Brokerages Set $21.60 Price Target for Energy Transfer LP

Analysts maintain 'Moderate Buy' rating on the pipeline company's stock

Mar. 22, 2026 at 6:12am

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Shares of Energy Transfer LP (NYSE:ET) have been assigned a consensus 'Moderate Buy' recommendation from 12 research firms covering the stock. The average 12-month price target among analysts is $21.60 per share.

Why it matters

Energy Transfer is a major midstream energy company that operates an extensive network of pipelines, terminals and processing facilities across the United States. Analysts' price targets and ratings provide insight into the company's financial outlook and growth potential.

The details

Several equity research firms recently issued reports on Energy Transfer. UBS Group reissued a 'buy' rating on the stock, while JPMorgan Chase & Co. lowered its price target to $21.00. Morgan Stanley boosted its price target to $21.00 and maintained an 'equal weight' rating. Scotiabank kept an 'outperform' rating, and Wells Fargo & Company lifted its price objective to $25.00.

  • The analysts' latest coverage and price targets were issued in the last year.

The players

Energy Transfer LP

A Dallas-based midstream energy company that develops and operates infrastructure for the transportation, storage and processing of hydrocarbons.

UBS Group

A global investment bank and financial services company that covers Energy Transfer's stock.

JPMorgan Chase & Co.

A multinational investment bank and financial services company that covers Energy Transfer's stock.

Morgan Stanley

A global financial services firm that covers Energy Transfer's stock.

Scotiabank

A Canadian multinational bank that covers Energy Transfer's stock.

Wells Fargo & Company

A diversified financial services company that covers Energy Transfer's stock.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

The takeaway

Analysts remain broadly positive on Energy Transfer's outlook, with a consensus 'Moderate Buy' rating and an average price target of $21.60 per share. The company's extensive midstream infrastructure and growth potential continue to attract investor interest despite some near-term headwinds.