.jpg "Western Midstream Partners (NYSE: WES)")
Barclays analyst Christopher Tillett maintained a Hold rating on Western Midstream Partners (WES) yesterday and set a price target of $26.00. The company’s shares closed last Monday at $23.76, close to its 52-week low of $21.92.
According to TipRanks.com, Tillett is a 2-star analyst with an average return of 1.5% and a 38.9% 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 $29.80 average price target.
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Western Midstream Partners’ market cap is currently $10.76B and has a P/E ratio of 14.94. The company has a Price to Book ratio of 3.22.
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WES in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
