.jpg "Western Midstream Partners (NYSE: WES)")
In a report issued on July 16, Christopher Tillett from Barclays maintained a Hold rating on Western Midstream Partners (WES), with a price target of $32. The company’s shares closed yesterday at $30.70, close to its 52-week low of $28.22.
According to TipRanks.com, Tillett is a 1-star analyst with an average return of -3.6% and a 37.5% success rate. Tillett covers the Basic Materials sector, focusing on stocks such as Antero Midstream Corporation, Dcp Midstream Partners Lp, and CNX Midstream Partners LP.
The word on The Street in general, suggests a Hold analyst consensus rating for Western Midstream Partners with a $32 average price target.
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Western Midstream Partners’ market cap is currently $13.91B and has a P/E ratio of 20.13. The company has a Price to Book ratio of 4.05.
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Western Midstream Partners LP owns, operates, acquires and develops midstream energy assets. It engages in the business of gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil for Anadarko, as well as third-party producers and customers.
