Access Midstream Partners Given Consensus Recommendation of “Buy” by Brokerages (NYSE:ACMP)
Access Midstream Partners (NYSE:ACMP) has received a consensus rating of “Buy” from the ten ratings firms that are presently covering the stock, Stock Ratings Network reports. Seven investment analysts have rated the stock with a buy rating, The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $55.89.
Shares of Access Midstream Partners (NYSE:ACMP) traded up 0.12% on Tuesday, hitting $56.85. 17,968 shares of the company’s stock traded hands. Access Midstream Partners has a 52 week low of $35.90 and a 52 week high of $59.19. The stock’s 50-day moving average is $55.77 and its 200-day moving average is $51.51. The company has a market cap of $10.147 billion and a P/E ratio of 33.74.
ACMP has been the subject of a number of recent research reports. Analysts at Raymond James raised their price target on shares of Access Midstream Partners from $56.00 to $62.00 in a research note on Thursday, February 20th. Separately, 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, February 20th. Finally, 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.
Access Midstream Partners, L.P., formerly Chesapeake Midstream Partners, LLC. (NYSE:ACMP), owns, operates, develops and acquires natural gas, natural gas liquids (NGLs) and oil gathering systems and other midstream energy assets.
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