EnLink Midstream Partners Upgraded to Outperform at Raymond James (ENLK)
A number of other firms have also recently commented on ENLK. Analysts at Robert W. Baird cut their price target on shares of EnLink Midstream Partners from $46.00 to $44.00 in a research note on Monday, May 19th. Separately, analysts at Credit Suisse raised their price target on shares of EnLink Midstream Partners from $3.00 to $50.00 in a research note on Friday, May 16th. They now have an “outperform” rating on the stock. Finally, analysts at Oppenheimer upgraded shares of EnLink Midstream Partners from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 15th. They now have a $37.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $39.60.
EnLink Midstream Partners (NYSE:ENLK) traded up 1.02% on Friday, hitting $28.71. 483,585 shares of the company’s stock traded hands. EnLink Midstream Partners has a 52 week low of $18.22 and a 52 week high of $35.54. The stock has a 50-day moving average of $30.90 and a 200-day moving average of $30.52. The company’s market cap is $6.592 billion.
EnLink Midstream Partners LP focuses on providing midstream energy services, including gathering, processing, transmission and marketing, to producers of natural gas, natural gas liquids (NYSE:ENLK) and crude oil.
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