Noble Midstream Partners LP (NASDAQ:NBLX) has been assigned an average rating of “Buy” from the six research firms that are currently covering the company. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $34.90.

NBLX has been the subject of a number of research analyst reports. Mizuho initiated coverage on Noble Midstream Partners in a report on Monday. They set a “buy” rating and a $33.00 price objective for the company. Deutsche Bank AG initiated coverage on Noble Midstream Partners in a report on Monday. They set a “hold” rating for the company. Robert W. Baird initiated coverage on Noble Midstream Partners in a report on Monday. They set an “outperform” rating and a $39.00 price objective for the company. JPMorgan Chase & Co. initiated coverage on Noble Midstream Partners in a report on Monday. They set an “overweight” rating and a $34.00 price objective for the company. Finally, Barclays PLC initiated coverage on Noble Midstream Partners in a report on Monday. They set an “overweight” rating and a $35.00 price objective for the company.

In other news, Director Gary W. Willingham acquired 10,000 shares of the stock in a transaction on Tuesday, September 20th. The stock was acquired at an average cost of $22.50 per share, for a total transaction of $225,000.00. Following the completion of the transaction, the director now directly owns 10,000 shares in the company, valued at $225,000. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO John C. Nicholson acquired 2,700 shares of the stock in a transaction on Tuesday, September 20th. The shares were purchased at an average price of $22.50 per share, with a total value of $60,750.00. Following the completion of the transaction, the chief operating officer now owns 2,700 shares of the company’s stock, valued at $60,750. The disclosure for this purchase can be found here.

Shares of Noble Midstream Partners (NASDAQ:NBLX) traded up 3.32% on Monday, reaching $28.63. The company’s stock had a trading volume of 483,326 shares. Noble Midstream Partners has a 52-week low of $26.00 and a 52-week high of $28.99. The firm has a 50 day moving average of $27.17 and a 200 day moving average of $27.17.

About Noble Midstream Partners

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

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