American Midstream Partners, LP (NYSE:AMID)‘s stock had its “buy” rating restated by Royal Bank Of Canada in a report issued on Monday. They currently have a $18.00 target price on the pipeline company’s stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 30.91% from the stock’s current price.

AMID has been the topic of several other reports. Zacks Investment Research raised American Midstream Partners, from a “sell” rating to a “hold” rating in a research report on Monday, April 10th. ValuEngine lowered American Midstream Partners, from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $18.67.

American Midstream Partners, (AMID) traded up 1.85% during midday trading on Monday, reaching $13.75. 295,243 shares of the company traded hands. The firm’s market capitalization is $719.39 million. The company’s 50-day moving average price is $12.62 and its 200 day moving average price is $14.72. American Midstream Partners, has a 12 month low of $10.39 and a 12 month high of $18.45.

American Midstream Partners, (NYSE:AMID) last issued its earnings results on Wednesday, May 10th. The pipeline company reported ($0.75) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by $0.84. The business had revenue of $199.63 million during the quarter. On average, equities analysts anticipate that American Midstream Partners, will post ($1.71) earnings per share for the current year.

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A number of large investors have recently modified their holdings of the company. Regent Investment Management LLC raised its stake in shares of American Midstream Partners, by 10.0% in the second quarter. Regent Investment Management LLC now owns 11,000 shares of the pipeline company’s stock valued at $141,000 after buying an additional 1,000 shares in the last quarter. Texas Yale Capital Corp. acquired a new position in shares of American Midstream Partners, during the first quarter worth approximately $195,000. ING Groep NV acquired a new position in shares of American Midstream Partners, during the first quarter worth approximately $264,000. Goldman Sachs Group Inc. raised its position in shares of American Midstream Partners, by 69.8% in the first quarter. Goldman Sachs Group Inc. now owns 25,133 shares of the pipeline company’s stock worth $373,000 after buying an additional 10,329 shares during the period. Finally, Allen Investment Management LLC acquired a new position in shares of American Midstream Partners, during the first quarter worth approximately $531,000. 44.69% of the stock is currently owned by hedge funds and other institutional investors.

About American Midstream Partners,

American Midstream Partners, LP owns, operates, develops and acquires a portfolio of midstream energy assets. The Company provides midstream infrastructure that links producers of natural gas, crude oil, natural gas liquids (NGLs), condensate and specialty chemicals to numerous intermediate and end-use markets.

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