Stock analysts at R. F. Lafferty began coverage on shares of Enable Midstream Partners (NYSE:ENBL) in a research note issued on Wednesday. The brokerage set a “buy” rating and a $19.00 price target on the pipeline company’s stock. R. F. Lafferty’s price objective suggests a potential upside of 28.64% from the company’s previous close.

A number of other equities research analysts also recently weighed in on ENBL. Zacks Investment Research raised shares of Enable Midstream Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. BidaskClub raised shares of Enable Midstream Partners from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Royal Bank Of Canada restated a “hold” rating and issued a $18.00 target price on shares of Enable Midstream Partners in a research report on Sunday, September 17th. Tudor Pickering cut shares of Enable Midstream Partners from a “buy” rating to a “hold” rating in a research report on Friday, October 20th. Finally, Goldman Sachs Group started coverage on shares of Enable Midstream Partners in a research report on Friday, November 17th. They issued a “neutral” rating for the company. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $17.71.

Shares of Enable Midstream Partners (ENBL) opened at $14.77 on Wednesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.49 and a current ratio of 0.54. Enable Midstream Partners has a 1 year low of $13.75 and a 1 year high of $17.36. The firm has a market cap of $6,315.42, a PE ratio of 17.38, a P/E/G ratio of 3.26 and a beta of 1.93.

Enable Midstream Partners (NYSE:ENBL) last announced its quarterly earnings data on Wednesday, November 1st. The pipeline company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. Enable Midstream Partners had a net margin of 16.03% and a return on equity of 5.69%. The business had revenue of $705.00 million during the quarter, compared to the consensus estimate of $688.61 million. During the same quarter in the prior year, the firm earned $0.26 EPS. The company’s revenue for the quarter was up 13.7% compared to the same quarter last year. research analysts expect that Enable Midstream Partners will post 0.9 earnings per share for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Advisory Research Inc. boosted its holdings in shares of Enable Midstream Partners by 19.8% in the fourth quarter. Advisory Research Inc. now owns 7,761,905 shares of the pipeline company’s stock valued at $122,094,000 after acquiring an additional 1,280,250 shares in the last quarter. Center Coast Capital Advisors LP boosted its holdings in shares of Enable Midstream Partners by 7.9% in the third quarter. Center Coast Capital Advisors LP now owns 2,065,987 shares of the pipeline company’s stock valued at $33,014,000 after acquiring an additional 150,444 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Enable Midstream Partners by 8.4% in the first quarter. JPMorgan Chase & Co. now owns 2,004,167 shares of the pipeline company’s stock valued at $33,450,000 after acquiring an additional 155,300 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Enable Midstream Partners by 18.5% in the second quarter. Goldman Sachs Group Inc. now owns 1,987,364 shares of the pipeline company’s stock valued at $31,678,000 after acquiring an additional 309,872 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of Enable Midstream Partners by 0.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,904,930 shares of the pipeline company’s stock valued at $17,525,000 after acquiring an additional 6,260 shares in the last quarter. Hedge funds and other institutional investors own 18.17% of the company’s stock.

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About Enable Midstream Partners

Enable Midstream Partners LP owns, operates and develops midstream energy infrastructure assets strategically located to serve its customers. The Company operates in two business segments: Gathering and Processing, and Transportation and Storage. Its gathering and processing segment primarily provides natural gas and crude oil gathering and natural gas processing services to its producer customers.

Analyst Recommendations for Enable Midstream Partners (NYSE:ENBL)

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