Access Midstream Partners LP Price Target Increased to $60.00 by Analysts at RBC Capital (ACMP)
Research analysts at RBC Capital raised their price target on shares of Access Midstream Partners LP (NYSE:ACMP) from $53.00 to $60.00 in a report released on Thursday, Stock Ratings Network reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s price target suggests a potential upside of 12.07% from the company’s current price.
Access Midstream Partners LP (NYSE:ACMP) traded up 2.18% on Thursday, hitting $53.54. The stock had a trading volume of 189,553 shares. Access Midstream Partners LP has a 1-year low of $30.08 and a 1-year high of $53.31. The stock’s 50-day moving average is $48.36 and its 200-day moving average is $46.04. The company has a market cap of $9.466 billion and a P/E ratio of 47.08.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays raised their price target on shares of Access Midstream Partners LP from $54.00 to $58.00 in a research note to investors on Thursday. They now have an “overweight” rating on the stock. Separately, analysts at Jefferies Group initiated coverage on shares of Access Midstream Partners LP in a research note to investors on Wednesday, September 4th. They set a “buy” rating and a $57.00 price target on the stock. Finally, analysts at UBS AG raised their price target on shares of Access Midstream Partners LP from $39.00 to $40.00 in a research note to investors on Thursday, August 22nd. They now have a “buy” rating on the stock. Ten equities research analysts have rated the stock with a buy rating, Access Midstream Partners LP has a consensus rating of “Buy” and an average price target of $51.40.
Access Midstream Partners, L.P., formerly Chesapeake Midstream Partners, L.P., is a midstream natural gas services provider with operations focused on owning, operating, developing and acquiring midstream energy assets in the United States.
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