A number of firms have modified their ratings and price targets on shares of BP Midstream Partners (NYSE: BPMP) recently:

  • 11/20/2017 – BP Midstream Partners is now covered by analysts at UBS Group AG. They set a “buy” rating and a $21.00 price target on the stock.
  • 11/20/2017 – BP Midstream Partners is now covered by analysts at Morgan Stanley. They set an “equal weight” rating and a $20.00 price target on the stock.
  • 11/20/2017 – BP Midstream Partners is now covered by analysts at Goldman Sachs Group, Inc. (The). They set a “neutral” rating and a $22.00 price target on the stock.
  • 11/20/2017 – BP Midstream Partners is now covered by analysts at Citigroup Inc.. They set a “buy” rating and a $21.00 price target on the stock.
  • 11/20/2017 – BP Midstream Partners is now covered by analysts at Barclays PLC. They set an “equal weight” rating and a $20.00 price target on the stock.
  • 11/20/2017 – BP Midstream Partners is now covered by analysts at J P Morgan Chase & Co. They set an “overweight” rating on the stock.

BP Midstream Partners LP (BPMP) traded down $0.27 during trading hours on Thursday, hitting $17.85. 694,900 shares of the stock were exchanged, compared to its average volume of 627,332. BP Midstream Partners LP has a 12 month low of $16.85 and a 12 month high of $18.91.

In other news, insider Robert P. Zinsmeister purchased 5,555 shares of the company’s stock in a transaction dated Monday, October 30th. The shares were bought at an average price of $18.00 per share, with a total value of $99,990.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Clive Christison purchased 2,500 shares of the company’s stock in a transaction dated Monday, October 30th. The stock was purchased at an average cost of $18.00 per share, for a total transaction of $45,000.00. The disclosure for this purchase can be found here.

BP Midstream Partners LP is a master limited partnership formed by BP Pipelines (North America) Inc The Company owns, operates, develops and acquires pipelines and other midstream assets. It owns one onshore crude oil pipeline system, one onshore refined products pipeline system, one onshore diluent pipeline system, interests in four offshore crude oil pipeline systems and an interest in one offshore natural gas pipeline system.

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