Stock analysts at Howard Weil assumed coverage on shares of Noble Midstream Partners LP (NASDAQ:NBLX) in a research report issued to clients and investors on Tuesday. The brokerage set a “sector outperform” rating and a $38.00 price target on the stock. Howard Weil’s price objective suggests a potential upside of 33.76% from the company’s current price.

A number of other research analysts have also recently weighed in on NBLX. Barclays PLC assumed coverage on shares of Noble Midstream Partners in a report on Monday. They issued an “overweight” rating and a $35.00 price objective for the company. Citigroup Inc. assumed coverage on shares of Noble Midstream Partners in a report on Monday. They issued a “buy” rating and a $33.50 price objective for the company. Mizuho assumed coverage on shares of Noble Midstream Partners in a report on Monday. They issued a “buy” rating and a $33.00 price objective for the company. JPMorgan Chase & Co. assumed coverage on shares of Noble Midstream Partners in a report on Monday. They issued an “overweight” rating and a $34.00 price objective for the company. Finally, Deutsche Bank AG assumed coverage on shares of Noble Midstream Partners in a report on Monday. They issued a “hold” rating and a $29.00 price objective for the company. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $34.50.

Analyst Recommendations for Noble Midstream Partners (NASDAQ:NBLX)

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