Several brokerages have updated their recommendations and price targets on shares of BP Midstream Partners (NYSE: BPMP) in the last few weeks:

  • 11/20/2017 – BP Midstream Partners is now covered by analysts at UBS AG. They set a “buy” rating and a $21.00 price target on the stock.
  • 11/20/2017 – BP Midstream Partners is now covered by analysts at Morgan Stanley. They set an “equal weight” rating and a $20.00 price target on the stock.
  • 11/20/2017 – BP Midstream Partners is now covered by analysts at Goldman Sachs Group Inc. They set a “neutral” rating and a $22.00 price target on the stock.
  • 11/20/2017 – BP Midstream Partners is now covered by analysts at Citigroup Inc.. They set a “buy” rating and a $21.00 price target on the stock.
  • 11/20/2017 – BP Midstream Partners is now covered by analysts at Barclays PLC. They set an “equal weight” rating and a $20.00 price target on the stock.
  • 11/20/2017 – BP Midstream Partners is now covered by analysts at J P Morgan Chase & Co. They set an “overweight” rating on the stock.

Shares of BP Midstream Partners LP (BPMP) opened at $18.02 on Thursday. BP Midstream Partners LP has a fifty-two week low of $16.85 and a fifty-two week high of $18.91.

In related news, insider Robert P. Zinsmeister purchased 5,555 shares of BP Midstream Partners stock in a transaction that occurred on Monday, October 30th. The shares were acquired at an average price of $18.00 per share, for a total transaction of $99,990.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Clive Christison purchased 2,500 shares of BP Midstream Partners stock in a transaction that occurred on Monday, October 30th. The shares were bought at an average price of $18.00 per share, for a total transaction of $45,000.00. The disclosure for this purchase can be found here.

BP Midstream Partners LP is a master limited partnership formed by BP Pipelines (North America) Inc The Company owns, operates, develops and acquires pipelines and other midstream assets. It owns one onshore crude oil pipeline system, one onshore refined products pipeline system, one onshore diluent pipeline system, interests in four offshore crude oil pipeline systems and an interest in one offshore natural gas pipeline system.

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