Independent Bank (INDB) Hold Rating Reaffirmed by KBW; With $85.0 Target; Energy Transfer Equity, L.P. (ETE) Had 12 Bullish Analysts

Among 8 analysts covering Independent Bank (NASDAQ:INDB), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. Independent Bank has $7400 highest and $45 lowest target. $54.57’s average target is -23.73% below currents $71.55 stock price. Independent Bank had 21 analyst reports since July 20, 2015 according to SRatingsIntel. As per Wednesday, August 31, the company rating was downgraded by Sandler O’Neill. The firm has “Hold” rating given on Friday, October 20 by Keefe Bruyette & Woods. The firm has “Hold” rating by Piper Jaffray given on Monday, July 24. As per Friday, July 21, the company rating was upgraded by Compass Point. The stock has “Neutral” rating by Compass Point on Friday, October 16. The firm has “Neutral” rating given on Wednesday, October 11 by Compass Point. Keefe Bruyette & Woods maintained the shares of INDB in report on Sunday, July 23 with “Hold” rating. On Monday, June 26 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock of Independent Bank Corp. (NASDAQ:INDB) earned “Hold” rating by Zacks on Thursday, August 20. The rating was downgraded by Zacks on Wednesday, August 26 to “Buy”.

Among 15 analysts covering Energy Transfer Equity LP (NYSE:ETE), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. Energy Transfer Equity LP had 35 analyst reports since October 27, 2015 according to SRatingsIntel. The firm has “Buy” rating by Robert W. Baird given on Thursday, September 14. The stock of Energy Transfer Equity, L.P. (NYSE:ETE) earned “Buy” rating by Jefferies on Tuesday, March 22. The firm has “Buy” rating by RBC Capital Markets given on Thursday, July 27. The stock of Energy Transfer Equity, L.P. (NYSE:ETE) has “Buy” rating given on Wednesday, April 19 by Jefferies. The rating was initiated by Mizuho with “Buy” on Friday, September 30. The stock has “Mkt Perform” rating by Bernstein on Monday, January 9. Credit Suisse maintained the stock with “Outperform” rating in Tuesday, July 26 report. The firm has “Equal-Weight” rating by Stephens given on Thursday, September 29. The firm has “Buy” rating by Jefferies given on Monday, September 11. On Wednesday, May 10 the stock rating was upgraded by Bernstein to “Outperform”. See Energy Transfer Equity, L.P. (NYSE:ETE) latest ratings:

13/11/2017 Broker: BMO Capital Markets Rating: Hold New Target: $19.0 Maintain
26/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $24.0 Maintain
17/10/2017 Broker: Goldman Sachs Rating: Buy New Target: $23.0 Upgrade
16/10/2017 Broker: Jefferies Rating: Buy New Target: $20.0 Maintain
12/10/2017 Broker: BMO Capital Markets Rating: Hold New Target: $19.0 Maintain
09/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $22.0 Maintain
14/09/2017 Broker: Robert W. Baird Rating: Buy New Target: $24.0 Maintain
11/09/2017 Broker: Jefferies Rating: Buy Old Target: $21 New Target: $20 Maintain
08/09/2017 Broker: Jefferies Rating: Buy New Target: $20.0 Maintain
30/08/2017 Broker: Morgan Stanley Rating: Buy Maintain

Independent Bank Corp. operates as the bank holding firm for Rockland Trust Company that provides commercial banking services and products to individuals and small-to-medium sized businesses primarily in Massachusetts. The company has market cap of $1.96 billion. The companyÂ’s services and products include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. It has a 23.66 P/E ratio. The Company’s loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages, home equity loans, and loans for the construction of residential properties; and other consumer loans, such as personal loans.

The stock decreased 1.15% or $0.83 during the last trading session, reaching $71.55. About 35,109 shares traded. Independent Bank Corp. (NASDAQ:INDB) has risen 30.83% since December 23, 2016 and is uptrending. It has outperformed by 14.13% the S&P500.

Investors sentiment decreased to 1.17 in 2017 Q3. Its down 0.46, from 1.63 in 2017Q2. It dived, as 9 investors sold Independent Bank Corp. shares while 43 reduced holdings. 15 funds opened positions while 46 raised stakes. 21.80 million shares or 4.23% more from 20.92 million shares in 2017Q2 were reported. Citadel Advisors Ltd has 20,131 shares. Natixis reported 0% of its portfolio in Independent Bank Corp. (NASDAQ:INDB). Fisher Asset Mgmt Ltd Liability Com has invested 0.01% in Independent Bank Corp. (NASDAQ:INDB). Jpmorgan Chase And has invested 0% in Independent Bank Corp. (NASDAQ:INDB). Amer Gp, New York-based fund reported 21,217 shares. Silvercrest Asset Gru Ltd Liability Co, New York-based fund reported 1.70M shares. Geode Cap Mngmt Limited Liability Corporation accumulated 0.01% or 240,120 shares. Aqr Capital Mngmt Ltd Liability Corp reported 17,256 shares or 0% of all its holdings. Comerica Financial Bank holds 0.01% in Independent Bank Corp. (NASDAQ:INDB) or 28,846 shares. Fincl Bank Of New York Mellon has 546,245 shares. State Teachers Retirement Systems stated it has 0.01% in Independent Bank Corp. (NASDAQ:INDB). Rbf Cap Limited Liability Corp stated it has 0.28% in Independent Bank Corp. (NASDAQ:INDB). Fuller Thaler Asset Mgmt accumulated 895 shares or 0% of the stock. Citigroup Inc owns 12,738 shares. Piedmont Invest Advsr Limited Liability Corporation owns 5,977 shares or 0.01% of their US portfolio.

Analysts await Independent Bank Corp. (NASDAQ:INDB) to report earnings on January, 18. They expect $0.92 EPS, up 21.05% or $0.16 from last year’s $0.76 per share. INDB’s profit will be $25.25M for 19.44 P/E if the $0.92 EPS becomes a reality. After $0.87 actual EPS reported by Independent Bank Corp. for the previous quarter, Wall Street now forecasts 5.75% EPS growth.

Since October 25, 2017, it had 0 buys, and 2 selling transactions for $134,001 activity. $48,475 worth of Independent Bank Corp. (NASDAQ:INDB) was sold by RIBEIRO CARL on Tuesday, December 12. 1,200 shares were sold by MISKELL EILEEN C, worth $85,526 on Wednesday, October 25.

The stock increased 0.24% or $0.04 during the last trading session, reaching $16.85. About 2.63 million shares traded. Energy Transfer Equity, L.P. (NYSE:ETE) has risen 42.68% since December 23, 2016 and is uptrending. It has outperformed by 25.98% the S&P500.

Investors sentiment increased to 0.88 in Q3 2017. Its up 0.02, from 0.86 in 2017Q2. It increased, as 25 investors sold Energy Transfer Equity, L.P. shares while 100 reduced holdings. 35 funds opened positions while 75 raised stakes. 527.77 million shares or 5.64% more from 499.59 million shares in 2017Q2 were reported. Fmr Limited Liability Company holds 0% or 562,800 shares in its portfolio. Brown Advisory Inc accumulated 49,062 shares. Cap Mgmt Limited Liability Co has invested 0.2% in Energy Transfer Equity, L.P. (NYSE:ETE). Moors Cabot has invested 0.05% in Energy Transfer Equity, L.P. (NYSE:ETE). Cohen & Steers holds 629,660 shares or 0.03% of its portfolio. Indiana-based Walter & Keenan Fin Consulting Mi Adv has invested 0.09% in Energy Transfer Equity, L.P. (NYSE:ETE). Gamco Investors Et Al invested in 0% or 45,750 shares. Heritage Wealth Advisors has 0.86% invested in Energy Transfer Equity, L.P. (NYSE:ETE). 768,468 are owned by Cadence Cap Management Ltd Liability Com. Ent Financial Services holds 0.03% in Energy Transfer Equity, L.P. (NYSE:ETE) or 3,917 shares. 944,303 were accumulated by Wexford L P. Omega Advsrs holds 505,600 shares or 0.34% of its portfolio. Bancorpsouth holds 0.03% or 17,500 shares in its portfolio. Winslow Evans & Crocker reported 4,800 shares. 6.93M are owned by Natixis.