Mizuho assumed coverage on shares of Noble Midstream Partners LP (NASDAQ:NBLX) in a report released on Monday, StockTargetPrices.com reports. The firm set a “buy” rating and a $33.00 price target on the stock. Mizuho’s price objective would suggest a potential upside of 19.09% from the stock’s previous close.

Shares of Noble Midstream Partners (NASDAQ:NBLX) opened at 27.71 on Monday. The firm’s 50-day moving average is $27.17 and its 200-day moving average is $27.17. Noble Midstream Partners has a 12-month low of $26.00 and a 12-month high of $28.35.

In other news, Director Gary W. Willingham purchased 10,000 shares of the stock in a transaction dated Tuesday, September 20th. The stock was acquired at an average cost of $22.50 per share, for a total transaction of $225,000.00. Following the completion of the acquisition, the director now directly owns 10,000 shares in the company, valued at approximately $225,000. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO John C. Nicholson purchased 2,700 shares of the stock in a transaction dated Tuesday, September 20th. The shares were purchased at an average price of $22.50 per share, with a total value of $60,750.00. Following the completion of the acquisition, the chief operating officer now owns 2,700 shares of the company’s stock, valued at $60,750. The disclosure for this purchase can be found here.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/10/noble-midstream-partners-lp-nblx-earns-buy-rating-from-analysts-at-mizuho.html

About Noble Midstream Partners

Noble Midstream Partners LP owns, operates, develop, and acquires a range of domestic midstream infrastructure assets. The Company provides crude oil, natural gas, and water-related midstream services for Noble Energy, Inc The Company’s operating assets are focused on the Denver-Julesburg Basin (DJ Basin) in Colorado.

5 Day Chart for NASDAQ:NBLX

Stock Target Prices

Receive News & Ratings for Noble Midstream Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noble Midstream Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.