JPMorgan Chase & Co. assumed coverage on shares of Noble Midstream Partners LP (NASDAQ:NBLX) in a research note issued to investors on Monday. The brokerage set an “overweight” rating on the stock.

Several other equities analysts also recently commented on the stock. Robert W. Baird initiated coverage on shares of Noble Midstream Partners in a research note on Monday. They issued an “outperform” rating and a $39.00 price target for the company. Mizuho initiated coverage on shares of Noble Midstream Partners in a research note on Monday. They issued a “buy” rating and a $33.00 price target for the company. Barclays PLC initiated coverage on shares of Noble Midstream Partners in a research note on Monday. They issued an “overweight” rating for the company. Finally, Deutsche Bank AG initiated coverage on shares of Noble Midstream Partners in a research note on Monday. They issued a “hold” rating for the company. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Noble Midstream Partners presently has a consensus rating of “Buy” and a consensus price target of $36.00.

Analyst Recommendations for Noble Midstream Partners (NASDAQ:NBLX)

Shares of Noble Midstream Partners (NASDAQ:NBLX) opened at 27.71 on Monday. Noble Midstream Partners has a 12 month low of $26.00 and a 12 month high of $28.35. The firm’s 50-day moving average price is $27.17 and its 200 day moving average price is $27.17.

In other news, Director Gary W. Willingham acquired 10,000 shares of the firm’s stock in a transaction dated Tuesday, September 20th. The stock was acquired at an average cost of $22.50 per share, with a total value of $225,000.00. Following the transaction, the director now owns 10,000 shares in the company, valued at $225,000. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Terry R. Gerhart acquired 15,000 shares of the firm’s stock in a transaction dated Tuesday, September 20th. The shares were purchased at an average cost of $22.50 per share, with a total value of $337,500.00. Following the completion of the transaction, the chief executive officer now owns 15,000 shares in the company, valued at approximately $337,500. The disclosure for this purchase can be found here.

Noble Midstream Partners Company Profile

Noble Midstream Partners LP owns, operates, develop, and acquires a range of domestic midstream infrastructure assets. The Company provides crude oil, natural gas, and water-related midstream services for Noble Energy, Inc The Company’s operating assets are focused on the Denver-Julesburg Basin (DJ Basin) in Colorado.

5 Day Chart for NASDAQ:NBLX

Receive News & Stock Ratings for Noble Midstream Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noble Midstream Partners LP and related stocks with our FREE daily email newsletter.