Morgan Stanley analyst Tom Abrams maintained a Sell rating on Dcp Midstream Partners Lp (DCP) today and set a price target of $41. The company’s shares closed yesterday at $34.23.
According to TipRanks.com, Abrams is a 1-star analyst with an average return of -2.5% and a 48.1% success rate. Abrams covers the Basic Materials sector, focusing on stocks such as EnLink Midstream Partners, BP Midstream Partners LP, and Phillips 66 Partners.
Currently, the analyst consensus on Dcp Midstream Partners Lp is a Moderate Buy with an average price target of $44.63.
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The company has a one-year high of $46.67 and a one-year low of $31.50. Currently, Dcp Midstream Partners Lp has an average volume of 596.4K.
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DCP Midstream LP engages in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; producing, fractionating, transporting, storing and selling natural gas liquids (NGLs) and condensate; and transporting, storing and selling propane in wholesale markets.
