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Crestwood Midstream Partners (NYSE:CMLP) has been given an average rating of “Buy” by the eight brokerages that are covering the stock, American Banking and Market News reports. Three analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $22.00.

Several analysts have recently commented on the stock. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Crestwood Midstream Partners in a research note on Thursday. They now have a $22.00 price target on the stock, down previously from $23.00. Analysts at Barclays reiterated an “equal weight” rating on shares of Crestwood Midstream Partners in a research note on Monday, May 12th. They now have a $13.00 price target on the stock, down previously from $14.00.

Shares of Crestwood Midstream Partners (NYSE:CMLP) traded up 0.34% during mid-day trading on Friday, hitting $20.49. 120,471 shares of the company’s stock traded hands. Crestwood Midstream Partners has a 1-year low of $20.29 and a 1-year high of $24.94. The stock has a 50-day moving average of $22.2 and a 200-day moving average of $22.54. The company’s market cap is $3.852 billion.

Crestwood Midstream Partners (NYSE:CMLP) last released its earnings data on Wednesday, August 6th. The company reported $0.04 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.10 by $0.06. The company had revenue of $675.70 million for the quarter, compared to the consensus estimate of $591.45 million. Analysts expect that Crestwood Midstream Partners will post $0.30 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, August 14th. Investors of record on Thursday, August 7th will be paid a dividend of $0.1375 per share. This represents a $0.55 annualized dividend and a dividend yield of 2.69%. The ex-dividend date is Tuesday, August 5th.

In other Crestwood Midstream Partners news, Director John J. Sherman unloaded 39,742 shares of Crestwood Midstream Partners stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $22.29, for a total value of $885,849.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Crestwood Midstream Partners LP is a master limited partnership. The Company owns and operates midstream businesses in multiple unconventional shale resource plays across the United States.

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