Share on StockTwits

EnLink Midstream (NASDAQ:ENLC) was upgraded by investment analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a note issued to investors on Monday.

Shares of EnLink Midstream (NASDAQ:ENLC) traded up 1.68% on Monday, hitting $40.52. 214,872 shares of the company’s stock traded hands. EnLink Midstream has a 1-year low of $18.32 and a 1-year high of $42.88. The stock’s 50-day moving average is $36.19 and its 200-day moving average is $35.53. The company has a market cap of $6.646 billion and a P/E ratio of 53.56.

EnLink Midstream (NASDAQ:ENLC) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.04 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.08) by $0.12. On average, analysts predict that EnLink Midstream will post $0.13 earnings per share for the current fiscal year.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.