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Shares of Atlas Pipeline Partners, L.P. (NYSE:APL) have received an average rating of “Hold” from the eight analysts that are presently covering the company, AnalystRatings.Net reports. Six equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $37.14.

Atlas Pipeline Partners, L.P. (NYSE:APL) opened at 36.93 on Tuesday. Atlas Pipeline Partners, L.P. has a 1-year low of $28.88 and a 1-year high of $40.02. The stock’s 50-day moving average is $34.95 and its 200-day moving average is $32.93. The company’s market cap is $3.035 billion.

Atlas Pipeline Partners, L.P. (NYSE:APL) last released its earnings data on Monday, August 4th. The company reported ($0.06) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.04) by $0.02. Analysts expect that Atlas Pipeline Partners, L.P. will post $-0.07 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. initiated coverage on shares of Atlas Pipeline Partners, L.P. in a research note on Tuesday. They set an “overweight” rating and a $40.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Atlas Pipeline Partners, L.P. from an “underperform” rating to a “neutral” rating in a research note on Thursday, August 7th. They now have a $34.00 price target on the stock. Finally, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Atlas Pipeline Partners, L.P. in a research note on Wednesday, August 6th. They now have a $36.00 price target on the stock, up previously from $34.00.

Atlas Pipeline Partners, L.P. is a provider of natural gas gathering and processing services in the Anadarko and Permian Basins located in the southwestern and mid-continent regions of the United States; a provider of natural gas gathering services in the Appalachian Basin in the northeastern region of the United States and a provider of natural gas liquid (NYSE:APL) transportation services in the southwestern region of the United States.

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