NASDAQ:BKEP - Blueknight Energy Partners Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $2.00
  • Forecasted Upside: -16.67 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$2.40
▲ +0.18 (8.11%)
1 month | 3 months | 12 months
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Analyst Price Target for BKEP

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$2.00
▼ -16.67% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for Blueknight Energy Partners in the last 3 months. The average price target is $2.00, with a high forecast of $2.00 and a low forecast of $2.00. The average price target represents a -16.67% upside from the last price of $2.40.
Hold
The current consensus among 1 polled investment analysts is to hold stock in Blueknight Energy Partners. This rating has held steady since July 2019, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/12/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/11/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/10/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/8/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/6/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/5/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/3/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/5/2021

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/30/2020Wells Fargo & CompanyUpgradeUnderweight ➝ Equal Weight$1.50 ➝ $2.00High
i
1/7/2020Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$1.00Low
i
3/14/2019Wells Fargo & CompanyLower Price TargetMarket Perform ➝ Market Perform$3.00 ➝ $1.00Medium
i
8/7/2018StephensSet Price TargetBuy$4.00Medium
i
Rating by Matt Schmid at Stephens
8/5/2018SunTrust BanksSet Price TargetBuy$3.00Low
i
Rating by Tristan Richardson at SunTrust Banks, Inc.
7/23/2018SunTrust BanksSet Price TargetBuy$4.00High
i
Rating by Tristan Richardson at SunTrust Banks, Inc.
6/11/2018Wells Fargo & CompanyLower Price TargetMarket Perform ➝ Market Perform$7.00 ➝ $3.00High
i
12/8/2017Royal Bank of CanadaReiterated RatingHold$6.00Low
i
10/31/2017SunTrust BanksSet Price TargetBuy$8.00N/A
i
Rating by Tristan Richardson at SunTrust Banks, Inc.
10/7/2016DA DavidsonInitiated CoverageBuy$7.20N/A
i
Rating by P. Fratt at DA Davidson
7/22/2016SunTrust BanksUpgradeNeutral ➝ Buy$5.00 ➝ $8.00N/A
i
5/19/2016Janney Montgomery ScottInitiated CoverageNeutral$6.00N/A
i
(Data available from 3/5/2016 forward)
Blueknight Energy Partners logo
Blueknight Energy Partners, L.P. provides integrated terminalling, gathering, and transportation services for companies engaged in the production, distribution, and marketing of liquid asphalt and crude oil products in the United States. The company operates through four segments: Asphalt Terminalling Services, Crude Oil Terminalling Services, Crude Oil Pipeline Services, and Crude Oil Trucking Services. The company's Asphalt Terminalling Services segment offers asphalt terminalling services, including storage, blending, processing, and throughput services for liquid asphalt product and residual fuel oil. As of March 23, 2020, this segment had 53 terminals located in 26 states. Its Crude Oil Terminalling Services segment provides terminalling services, including storage, blending, processing, and throughput services for crude oil. This segment owns and operates 34 crude oil storage tanks with approximately 6.6 million barrels of storage capacity. The company's Crude Oil Pipeline Services segment owns and operates crude oil transportation system with a combined length of approximately 611 miles; and purchases crude oil from production leases in Oklahoma and markets those barrels at the Cushing Interchange. Its Crude Oil Trucking Services segment owns and leases tanker trucks for gathering crude oil for its customers at remote wellhead locations. This segment owns or leases approximately 63 tanker trucks. Blueknight Energy Partners G.P., L.L.C. operates as a general partner of the company. The company was formerly known as SemGroup Energy Partners, L.P. and changed its name to Blueknight Energy Partners, L.P. in December 2009. Blueknight Energy Partners, L.P. was founded in 2007 and is headquartered in Tulsa, Oklahoma.
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Today's Range

Now: $2.40
$2.19
$2.40

50 Day Range

MA: $2.13
$2.00
$2.35

52 Week Range

Now: $2.40
$0.53
$2.46

Volume

280,604 shs

Average Volume

319,556 shs

Market Capitalization

$98.88 million

P/E Ratio

N/A

Dividend Yield

7.14%

Beta

2.21

Frequently Asked Questions

What sell-side analysts currently cover shares of Blueknight Energy Partners?

The following sell-side analysts have issued reports on Blueknight Energy Partners in the last year: TheStreet, and Wells Fargo & Company.
View the latest analyst ratings for BKEP.

What is the current price target for Blueknight Energy Partners?

1 Wall Street analysts have set twelve-month price targets for Blueknight Energy Partners in the last year. Their average twelve-month price target is $2.00, suggesting a possible downside of 16.7%. Wells Fargo & Company has the highest price target set, predicting BKEP will reach $2.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $2.00 for Blueknight Energy Partners in the next year.
View the latest price targets for BKEP.

What is the current consensus analyst rating for Blueknight Energy Partners?

Blueknight Energy Partners currently has 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in BKEP, but not buy more shares or sell existing shares.
View the latest ratings for BKEP.

What other companies compete with Blueknight Energy Partners?

How do I contact Blueknight Energy Partners' investor relations team?

Blueknight Energy Partners' physical mailing address is 6060 AMERICAN PLAZA SUITE 600, TULSA OK, 74135. The pipeline company's listed phone number is 918-237-4000 and its investor relations email address is [email protected] The official website for Blueknight Energy Partners is www.bkep.com.