B.Riley FBR analyst Robert Balsamo reiterated a Hold rating on EnLink Midstream Partners (NYSE: ENLK) yesterday and set a price target of $17. The company’s shares closed yesterday at $17.76, close to its 52-week high of $18.58.
According to TipRanks.com, Balsamo is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -7.0% and a 46.6% success rate. Balsamo covers the Basic Materials sector, focusing on stocks such as NuStar GP Holdings, Sprague Resources, and Nustar Energy LP.
EnLink Midstream Partners has an analyst consensus of Hold, with a price target consensus of $16.
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The company has a one-year high of $18.58 and a one-year low of $12.75. Currently, EnLink Midstream Partners has an average volume of 859.4K.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock.
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EnLink Midstream Partners LP provides integrated midstream services across natural gas, crude oil, condensate, and NGL commodities. It focuses on gathering, transmission, processing, fractionation, storage, condensate stabilization, brine services and marketing, to producers of natural gas, NGLs, crude oil and condensate.
