LPL Financial LLC raised its stake in EnLink Midstream Partners by 45.5% in the first quarter.
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RBC Capital Markets on Monday reiterated EnLink Midstream LLC’s analyst rating as “Sector Perform” with its price target of 19 highlighting a potential increase of 10.98% from EnLink Midstream LLC’s current price of 17.12.
As EnLink Midstream Partners, LP (NYSE:ENLK) prepares to next report its earnings on or around 2016-11-02, investors will be keeping a close eye on the reported earnings per share figure and how it compares to the Wall Street analyst consensus estimate. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company. Credit Suisse Group AG lifted their price objective on shares of EnLink Midstream Partners from $14.00 to $18.00 and gave the company an outperform rating in a report on Thursday, May 5th. The EPS numbers came by $0.03 which was below the analysts estimates and which was a negative surprise factor of 8.33%. Wexford Capital LP now owns 2,180,138 shares of the company’s stock worth $26,314,000 after buying an additional 255,000 shares during the period.
American Midstream Partners LP (NYSE:AMID) institutional sentiment decreased to 0.64 in 2016 Q2. The variation of price target of the stock is from $19 to $23 for lower and upper respectively with $1.618 being the regular deviation of all price targets. Goldman Sachs Group Inc. reduced their price objective on shares of EnLink Midstream Partners from $12.00 to $9.00 and set a neutral rating for the company in a report on Thursday, May 12th. However its lowest revenue estimates are $976.71M and highest revenue estimates are $1.23B. Its yearly sales growth estimates are -5.10%. EnLink Midstream Partners presently has a consensus rating of Hold and a consensus price target of $17.04. AMID was included in 11 notes of analysts from November 16, 2015. Trading volume was was up over the average, with 1,203,026 shares of ENLK changing hands over the typical 701,452 shares. In addition, the scale of 1-100 given by Alpha One as a daily impact score to company’s stock bring to lights the degree of movement in stock price by over 1% due to the news.
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The one-year price target pegged by the brokerage firms covering the company’s stock is $20.428.
