Capital Guardian Trust Company Trimmed Its Itau Unibanco Holding Sa Pn Adr (ITUB) Holding; Last Week Shell Midstream Partners LP (SHLX) Analysts

August 11, 2017 - By Pete Kolinski

Among 7 analysts covering Shell Midstream Partners (NYSE:SHLX), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Shell Midstream Partners had 11 analyst reports since July 2, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, July 13 by Stifel Nicolaus. The firm has “Equal Weight” rating given on Thursday, November 10 by Barclays Capital. The rating was maintained by Barclays Capital on Thursday, July 2 with “Overweight”. The stock of Shell Midstream Partners LP (NYSE:SHLX) has “Overweight” rating given on Wednesday, February 1 by JP Morgan. Evercore reinitiated it with “Buy” rating and $45 target in Monday, November 30 report. The stock has “Buy” rating by Stifel Nicolaus on Thursday, August 18. Mizuho initiated Shell Midstream Partners LP (NYSE:SHLX) on Friday, September 30 with “Buy” rating. The stock of Shell Midstream Partners LP (NYSE:SHLX) earned “Outperform” rating by RBC Capital Markets on Monday, May 2. Morgan Stanley initiated the stock with “Equal-Weight” rating in Thursday, June 16 report. RBC Capital Markets maintained Shell Midstream Partners LP (NYSE:SHLX) rating on Wednesday, November 9. RBC Capital Markets has “Outperform” rating and $41 target. See Shell Midstream Partners LP (NYSE:SHLX) latest ratings:

13/07/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $36.0000 Maintain

Capital Guardian Trust Company decreased Itau Unibanco Holding Sa Pn Adr (ITUB) stake by 74.03% reported in 2016Q4 SEC filing. Capital Guardian Trust Company sold 5.55 million shares as Itau Unibanco Holding Sa Pn Adr (ITUB)’s stock declined 15.42%. The Capital Guardian Trust Company holds 1.95 million shares with $20.03 million value, down from 7.50 million last quarter. Itau Unibanco Holding Sa Pn Adr now has $76.96 billion valuation. The stock increased 0.90% or $0.11 during the last trading session, reaching $12.36. About 6.80M shares traded. Itau Unibanco Holding SA (ADR) (NYSE:ITUB) has risen 47.22% since August 11, 2016 and is uptrending. It has outperformed by 30.52% the S&P500.

Shell Midstream Partners, L.P. is a master limited partnership company, which owns, operates, develops and acquires pipelines and other midstream assets. The company has market cap of $4.71 billion. The Firm conducts its activities through its subsidiary, Shell Midstream Operating, LLC. It has a 21.54 P/E ratio. The Company’s assets consist of interests in entities that own crude oil and refined products pipelines serving as key infrastructure to transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets and to deliver refined products from those markets to demand centers.

The stock decreased 1.12% or $0.3 on August 11, reaching $26.57. About 231,665 shares traded. Shell Midstream Partners LP (NYSE:SHLX) has declined 5.89% since August 11, 2016 and is downtrending. It has underperformed by 22.59% the S&P500.

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