EnLink Midstream (NYSE: ENLC) recently received a number of ratings updates from brokerages and research firms:

  • 10/24/2017 – EnLink Midstream was upgraded by analysts at UBS AG from a “neutral” rating to a “buy” rating. They now have a $19.00 price target on the stock.
  • 10/18/2017 – EnLink Midstream was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 10/17/2017 – EnLink Midstream was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $19.00 price target on the stock. According to Zacks, “Enlink Midstream LLC is independent midstream energy. The Company is involved in natural gas gathering, treating, processing, transmission, distribution, supply and marketing, and crude oil marketing. Enlink Midstream LLC, formerly known as Crosstex Energy Inc., is based in headquartered in Dallas, Texas. “
  • 10/10/2017 – EnLink Midstream is now covered by analysts at Seaport Global Securities. They set a “neutral” rating and a $16.00 price target on the stock.
  • 10/7/2017 – EnLink Midstream was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 9/30/2017 – EnLink Midstream was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 9/21/2017 – EnLink Midstream had its “hold” rating reaffirmed by analysts at Robert W. Baird. They now have a $21.00 price target on the stock.
  • 9/8/2017 – EnLink Midstream was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 9/1/2017 – EnLink Midstream was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 8/25/2017 – EnLink Midstream was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.

EnLink Midstream, LLC (NYSE:ENLC) traded up 1.094% during midday trading on Tuesday, reaching $16.175. The company had a trading volume of 227,664 shares. The firm has a 50-day moving average price of $17.15 and a 200-day moving average price of $17.42. The company has a market capitalization of $2.92 billion, a price-to-earnings ratio of 4043.750 and a beta of 2.59. EnLink Midstream, LLC has a 52 week low of $14.70 and a 52 week high of $20.45.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 14th. Shareholders of record on Wednesday, November 1st will be paid a $0.255 dividend. The ex-dividend date of this dividend is Tuesday, October 31st. This represents a $1.02 dividend on an annualized basis and a yield of 6.38%.

EnLink Midstream, LLC is an integrated midstream company. The Company’s assets consist of equity interests in EnLink Midstream Partners, LP (the Partnership) and EnLink Oklahoma Gas Processing, LP (EnLink Oklahoma T.O.). The Partnership is engaged in the gathering, transmission, processing and marketing of natural gas and natural gas liquids (NGLs), condensate and crude oil, as well as providing crude oil, condensate and brine services to producers.

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