EnLink Midstream Partners, LP (NYSE:ENLK) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Friday.

Several other brokerages have also commented on ENLK. Seaport Global Securities initiated coverage on EnLink Midstream Partners, in a report on Tuesday, October 10th. They issued a “neutral” rating and a $18.00 price objective on the stock. Zacks Investment Research downgraded EnLink Midstream Partners, from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. ValuEngine downgraded EnLink Midstream Partners, from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Finally, Jefferies Group LLC restated a “hold” rating and issued a $16.00 target price (down previously from $17.00) on shares of EnLink Midstream Partners, in a research report on Sunday, September 3rd. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. EnLink Midstream Partners, currently has a consensus rating of “Hold” and a consensus price target of $18.14.

EnLink Midstream Partners, (NYSE ENLK) opened at 16.08 on Friday. The company has a 50-day moving average price of $16.39 and a 200-day moving average price of $16.73. EnLink Midstream Partners, has a 12-month low of $14.43 and a 12-month high of $19.59. The stock’s market capitalization is $5.59 billion.

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Several institutional investors have recently bought and sold shares of the company. Linscomb & Williams Inc. lifted its holdings in shares of EnLink Midstream Partners, by 2.1% in the 2nd quarter. Linscomb & Williams Inc. now owns 10,901 shares of the oil and gas producer’s stock valued at $185,000 after purchasing an additional 227 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of EnLink Midstream Partners, by 2.3% in the 2nd quarter. Northern Trust Corp now owns 14,386 shares of the oil and gas producer’s stock valued at $244,000 after purchasing an additional 326 shares during the last quarter. Hodges Capital Management Inc. lifted its holdings in shares of EnLink Midstream Partners, by 1.4% in the 2nd quarter. Hodges Capital Management Inc. now owns 29,650 shares of the oil and gas producer’s stock valued at $503,000 after purchasing an additional 400 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of EnLink Midstream Partners, by 7.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,147 shares of the oil and gas producer’s stock valued at $189,000 after purchasing an additional 816 shares during the last quarter. Finally, Stephens Inc. AR lifted its holdings in shares of EnLink Midstream Partners, by 7.8% in the 2nd quarter. Stephens Inc. AR now owns 14,406 shares of the oil and gas producer’s stock valued at $244,000 after purchasing an additional 1,043 shares during the last quarter. 40.57% of the stock is owned by institutional investors and hedge funds.

EnLink Midstream Partners, Company Profile

EnLink Midstream Partners, LP is a midstream company. The Company’s business activities are conducted through its subsidiary, EnLink Midstream Operating, LP (the Operating Partnership) and the subsidiaries of the Operating Partnership. The Company operates through five segments: Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate.

Analyst Recommendations for EnLink Midstream Partners, (NYSE:ENLK)

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