Enable Midstream Partners LP (NYSE:ENBL) has been assigned a consensus rating of “Hold” from the ten analysts that are presently covering the company. Three analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $14.00.

ENBL has been the subject of several research reports. Credit Suisse Group AG lowered shares of Enable Midstream Partners from an “outperform” rating to a “neutral” rating and set a $16.00 price target for the company. in a research report on Tuesday, September 13th. Goldman Sachs Group Inc. upgraded shares of Enable Midstream Partners from a “sell” rating to a “neutral” rating and increased their price target for the company from $13.00 to $16.00 in a research report on Monday, September 19th. Barclays PLC lowered shares of Enable Midstream Partners from an “equal weight” rating to an “underweight” rating and increased their price target for the company from $13.00 to $14.00 in a research report on Monday, June 20th. Zacks Investment Research lowered shares of Enable Midstream Partners from a “hold” rating to a “sell” rating in a research report on Monday, August 22nd. Finally, Wolfe Research initiated coverage on shares of Enable Midstream Partners in a research report on Friday. They set a “hold” rating and a $16.00 price target for the company.

In other news, major shareholder Arclight Capital Partners, Llc sold 24,612 shares of the stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of $14.26, for a total value of $350,967.12. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Several large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in shares of Enable Midstream Partners by 18,446.8% in the second quarter. JPMorgan Chase & Co. now owns 1,593,913 shares of the company’s stock worth $21,534,000 after buying an additional 1,585,319 shares during the last quarter. Harvest Fund Advisors LLC purchased a new stake in shares of Enable Midstream Partners during the second quarter worth about $9,999,000. Jennison Associates LLC purchased a new stake in shares of Enable Midstream Partners during the second quarter worth about $4,539,000. Brookfield Asset Management Inc. increased its stake in shares of Enable Midstream Partners by 63.0% in the first quarter. Brookfield Asset Management Inc. now owns 727,725 shares of the company’s stock worth $6,229,000 after buying an additional 281,300 shares during the last quarter. Finally, Weiss Multi Strategy Advisers LLC purchased a new stake in shares of Enable Midstream Partners during the second quarter worth about $3,378,000.

Shares of Enable Midstream Partners (NYSE:ENBL) traded down 1.31% during trading on Tuesday, hitting $15.87. 24,109 shares of the stock traded hands. The stock has a 50-day moving average of $14.92 and a 200 day moving average of $13.21. Enable Midstream Partners has a 1-year low of $5.38 and a 1-year high of $16.50. The company’s market cap is $6.70 billion.

Enable Midstream Partners (NYSE:ENBL) last posted its earnings results on Wednesday, August 3rd. The company reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by $0.10. The firm had revenue of $529 million for the quarter, compared to analysts’ expectations of $647.32 million. On average, equities research analysts predict that Enable Midstream Partners will post $0.67 EPS for the current fiscal year.

About Enable Midstream Partners

Enable Midstream Partners LP owns, operates and develops strategically located natural gas and crude oil infrastructure assets. The Company operates in two business segments: Gathering and Processing, and Transportation and Storage. It serves production areas in the United States, including several unconventional shale resource plays, and local and regional end user markets in the United States.

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