Enable Midstream Partners, LP (NYSE:ENBL)‘s stock had its “hold” rating restated by Royal Bank Of Canada in a research note issued to investors on Sunday. They currently have a $18.00 target price on the pipeline company’s stock. Royal Bank Of Canada’s target price indicates a potential upside of 20.64% from the stock’s current price.

A number of other equities analysts also recently issued reports on ENBL. Citigroup Inc. reiterated a “neutral” rating and set a $16.25 price target (up previously from $14.00) on shares of Enable Midstream Partners, in a research report on Thursday, June 1st. TheStreet raised Enable Midstream Partners, from a “c” rating to a “b-” rating in a report on Monday, June 5th. BidaskClub raised Enable Midstream Partners, from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 27th. Finally, Zacks Investment Research raised Enable Midstream Partners, from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a report on Monday, July 17th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. Enable Midstream Partners, presently has an average rating of “Hold” and an average target price of $16.91.

Shares of Enable Midstream Partners, (NYSE:ENBL) opened at 14.92 on Friday. Enable Midstream Partners, has a 52 week low of $13.75 and a 52 week high of $17.36. The company’s 50-day moving average price is $14.64 and its 200 day moving average price is $15.56. The company has a market cap of $6.45 billion, a P/E ratio of 17.70 and a beta of 1.97.

Enable Midstream Partners, (NYSE:ENBL) last issued its quarterly earnings results on Tuesday, August 1st. The pipeline company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. The company had revenue of $626.00 million for the quarter, compared to the consensus estimate of $644.27 million. Enable Midstream Partners, had a return on equity of 5.19% and a net margin of 15.20%. The business’s quarterly revenue was up 18.3% compared to the same quarter last year. Equities research analysts anticipate that Enable Midstream Partners, will post $0.85 earnings per share for the current fiscal year.

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In related news, major shareholder Arclight Capital Partners, Llc sold 4,910 shares of the stock in a transaction that occurred on Thursday, June 29th. The stock was sold at an average price of $16.01, for a total value of $78,609.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sean Trauschke acquired 2,500 shares of the stock in a transaction that occurred on Thursday, August 24th. The stock was acquired at an average price of $14.05 per share, with a total value of $35,125.00. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $70,250. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 29,601 shares of company stock valued at $473,667.

A number of institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers purchased a new position in Enable Midstream Partners, in the second quarter worth approximately $662,000. The Manufacturers Life Insurance Company grew its position in Enable Midstream Partners, by 8.0% in the second quarter. The Manufacturers Life Insurance Company now owns 6,714 shares of the pipeline company’s stock worth $107,000 after acquiring an additional 497 shares during the period. CNH Partners LLC grew its position in Enable Midstream Partners, by 1.2% in the second quarter. CNH Partners LLC now owns 42,553 shares of the pipeline company’s stock worth $678,000 after acquiring an additional 500 shares during the period. Goldman Sachs Group Inc. grew its position in Enable Midstream Partners, by 18.5% in the second quarter. Goldman Sachs Group Inc. now owns 1,987,364 shares of the pipeline company’s stock worth $31,678,000 after acquiring an additional 309,872 shares during the period. Finally, Clinton Group Inc. grew its position in Enable Midstream Partners, by 53.7% in the second quarter. Clinton Group Inc. now owns 43,209 shares of the pipeline company’s stock worth $689,000 after acquiring an additional 15,098 shares during the period. Institutional investors own 18.01% of the company’s stock.

Enable Midstream Partners, Company Profile

Enable Midstream Partners LP owns, operates and develops midstream energy infrastructure assets strategically located to serve its customers. The Company operates in two business segments: Gathering and Processing, and Transportation and Storage. Its gathering and processing segment primarily provides natural gas and crude oil gathering and natural gas processing services to its producer customers.

Analyst Recommendations for Enable Midstream Partners, (NYSE:ENBL)

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