Access Midstream Partners PT Raised to $62.00 at Raymond James (ACMP)
Investment analysts at Raymond James lifted their price target on shares of Access Midstream Partners (NYSE:ACMP) from $56.00 to $62.00 in a note issued to investors on Thursday, AnalystRatings.Net reports. Raymond James’ target price indicates a potential upside of 10.87% from the company’s current price.
Access Midstream Partners (NYSE:ACMP) opened at 55.92 on Thursday. Access Midstream Partners has a 52-week low of $35.90 and a 52-week high of $59.19. The stock has a 50-day moving average of $55.71 and a 200-day moving average of $51.38. The company has a market cap of $9.889 billion and a price-to-earnings ratio of 46.08.
A number of other firms have also recently commented on ACMP. Analysts at RBC Capital raised their price target on shares of Access Midstream Partners from $60.00 to $65.00 in a research note on Thursday. Separately, analysts at Barclays raised their price target on shares of Access Midstream Partners from $58.00 to $64.00 in a research note on Tuesday, January 14th. Finally, analysts at Goldman Sachs initiated coverage on shares of Access Midstream Partners in a research note on Wednesday, December 11th. They set a “buy” rating on the stock. Seven equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus price target of $55.89.
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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