EnLink Midstream Partners (ENLK) Given a $17.00 Price Target by B. Riley Analysts

EnLink Midstream Partners (NYSE:ENLK) received a $17.00 price target from research analysts at B. Riley in a report released on Monday. The firm currently has a “neutral” rating on the oil and gas producer’s stock. B. Riley’s price objective would suggest a potential upside of 9.25% from the stock’s current price.

Other equities analysts have also recently issued reports about the stock. BidaskClub upgraded shares of EnLink Midstream Partners from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Goldman Sachs Group assumed coverage on shares of EnLink Midstream Partners in a research report on Friday, November 17th. They set a “neutral” rating on the stock. Zacks Investment Research cut shares of EnLink Midstream Partners from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. UBS upgraded shares of EnLink Midstream Partners from a “neutral” rating to a “buy” rating and set a $19.00 price objective on the stock in a research report on Tuesday, October 24th. Finally, Jefferies Group restated a “hold” rating and set a $16.00 price target (down from $17.00) on shares of EnLink Midstream Partners in a report on Sunday, September 3rd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $18.22.

EnLink Midstream Partners (NYSE ENLK) opened at $15.56 on Monday. EnLink Midstream Partners has a 52-week low of $14.43 and a 52-week high of $19.59. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.85 and a quick ratio of 0.77.

Several institutional investors have recently bought and sold shares of the company. Center Coast Capital Advisors LP grew its holdings in shares of EnLink Midstream Partners by 3.4% during the 3rd quarter. Center Coast Capital Advisors LP now owns 14,024,298 shares of the oil and gas producer’s stock valued at $235,047,000 after acquiring an additional 461,130 shares in the last quarter. Alps Advisors Inc. grew its holdings in shares of EnLink Midstream Partners by 12.0% during the 3rd quarter. Alps Advisors Inc. now owns 13,257,515 shares of the oil and gas producer’s stock valued at $222,196,000 after acquiring an additional 1,417,520 shares in the last quarter. Tortoise Capital Advisors L.L.C. grew its holdings in shares of EnLink Midstream Partners by 1.7% during the 3rd quarter. Tortoise Capital Advisors L.L.C. now owns 8,280,784 shares of the oil and gas producer’s stock valued at $138,786,000 after acquiring an additional 138,181 shares in the last quarter. Harvest Fund Advisors LLC grew its holdings in shares of EnLink Midstream Partners by 1.1% during the 3rd quarter. Harvest Fund Advisors LLC now owns 8,137,064 shares of the oil and gas producer’s stock valued at $136,377,000 after acquiring an additional 91,895 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in EnLink Midstream Partners by 812.9% in the second quarter. Principal Financial Group Inc. now owns 3,766,053 shares of the oil and gas producer’s stock worth $63,872,000 after purchasing an additional 3,353,523 shares in the last quarter. Institutional investors and hedge funds own 41.66% of the company’s stock.

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About EnLink Midstream Partners

EnLink Midstream Partners, LP is a midstream company. The Company’s business activities are conducted through its subsidiary, EnLink Midstream Operating, LP (the Operating Partnership) and the subsidiaries of the Operating Partnership. The Company operates through five segments: Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate.

Analyst Recommendations for EnLink Midstream Partners (NYSE:ENLK)

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