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Shares of QEP Midstream Partners (NASDAQ:QEPM) have been given an average recommendation of “Hold” by the eight brokerages that are covering the stock, Analyst Ratings Net reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $25.96.

A number of analysts have recently weighed in on QEPM shares. Analysts at Zacks downgraded shares of QEP Midstream Partners from a “neutral” rating to an “underperform” rating in a research note on Wednesday. They now have a $23.80 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of QEP Midstream Partners in a research note on Monday, June 23rd. They now have a $27.00 price target on the stock, up previously from $26.00. Finally, analysts at Global Hunter Securities initiated coverage on shares of QEP Midstream Partners in a research note on Tuesday, June 3rd. They set a “neutral” rating and a $26.00 price target on the stock.

QEP Midstream Partners (NASDAQ:QEPM) opened at 24.90 on Thursday. QEP Midstream Partners has a 52 week low of $21.26 and a 52 week high of $27.16. The stock has a 50-day moving average of $25.29 and a 200-day moving average of $23.94. The company has a market cap of $1.357 billion and a P/E ratio of 152.76.

QEP Midstream Partners (NASDAQ:QEPM) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.05. The company had revenue of $30.20 million for the quarter, compared to the consensus estimate of $31.75 million. The company’s revenue for the quarter was down 24.7% on a year-over-year basis. Analysts expect that QEP Midstream Partners will post $0.95 EPS for the current fiscal year.

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