Impact of Brokerage Rating on EnLink Midstream Partners, LP(ENLK)

Many EnLink Midstream Partners, LP(ENLK) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. EnLink Midstream Partners LP was Upgraded by Raymond James to Outperform on Jan 12, 2017.

Company has reported several Insider transactions to the SEC, on Dec 2, 2016, Susan J Mcaden (V.P. Accounting & CAO) sold 5,700 shares at 17.47 per share price.On Nov 2, 2015, Midstream, Inc. Enlink (director 10% owner) purchased 2,849,100 shares at 0.00 per share price.On Nov 2, 2015, Midstream, Llc Enlink (director 10% owner) purchased 2,849,100 shares at 0.00 per share price.

EnLink Midstream Partners LP Last issued its quarterly earnings results on Nov 1, 2016. The company reported $-0.03 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $-0.01. The company had revenue of $1104.60 million for the quarter, compared to analysts expectations of $1081.10 million. The companys revenue was down -5.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-2.32 EPS.

EnLink Midstream Partners, LP (NYSE:ENLK) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.42 by 13 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 3 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

EnLink Midstream Partners, LP (NYSE:ENLK): The mean short term price target for EnLink Midstream Partners, LP (NYSE:ENLK) has been established at $19.33 per share. The higher price target estimate is at $22 and the lower price target estimate is expected at $17 according to 12 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $1.5

EnLink Midstream Partners, LP (NYSE:ENLK) rose 0.47% or 0.09 points on Tuesday and made its way into the gainers of the day. After trading began at $19.25 the stock was seen hitting $19.25 as a peak level and $18.69 as the lowest level. The stock ended up at $19.16. The daily volume was measured at 920,215 shares. The 52-week high of the share price is $19.89 and the 52-week low is $6.32. The company has a market cap of $6,512 million.

EnLink Midstream Partners LP is a midstream energy company. It focuses on providing midstream energy services, including gathering, processing, transmission and marketing, to producers of natural gas, natural gas liquids and crude oil. The company also provides crude oil, condensate, and brine services to producers. It operates in the Gulf Coast region of the United States. EnLink Midstream Partners LP, formerly known as Crosstex Energy L.P., is based in Dallas, Texas.

EnLink

Share this post

Post Comment