Equities researchers at Citigroup Inc. began coverage on shares of Noble Midstream Partners LP (NASDAQ:NBLX) in a report released on Monday. The firm set a “buy” rating on the stock.

Several other equities research analysts also recently issued reports on NBLX. Mizuho started coverage on Noble Midstream Partners in a report on Monday. They set a “buy” rating and a $33.00 price target for the company. Barclays PLC started coverage on Noble Midstream Partners in a research report on Monday. They set an “overweight” rating on the stock. Robert W. Baird started coverage on Noble Midstream Partners in a research report on Monday. They set an “outperform” rating and a $39.00 price objective on the stock. Deutsche Bank AG started coverage on Noble Midstream Partners in a research report on Monday. They set a “hold” rating on the stock. Finally, JPMorgan Chase & Co. started coverage on Noble Midstream Partners in a research report on Monday. They set an “overweight” rating on the stock. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Noble Midstream Partners currently has a consensus rating of “Buy” and an average target price of $36.00.

Analyst Recommendations for Noble Midstream Partners (NASDAQ:NBLX)

Noble Midstream Partners (NASDAQ:NBLX) opened at 27.71 on Monday. Noble Midstream Partners has a 1-year low of $26.00 and a 1-year high of $28.35. The firm’s 50-day moving average is $27.17 and its 200 day moving average is $27.17.

In related news, CEO Terry R. Gerhart purchased 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 20th. The shares were bought at an average price of $22.50 per share, for a total transaction of $337,500.00. Following the completion of the transaction, the chief executive officer now owns 15,000 shares of the company’s stock, valued at $337,500. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Thomas W. Christensen purchased 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 20th. The stock was bought at an average price of $22.50 per share, for a total transaction of $33,750.00. Following the transaction, the insider now directly owns 1,500 shares of the company’s stock, valued at approximately $33,750. 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

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