EnLink Midstream (ENLC) Given a $18.00 Price Target by Robert W. Baird Analysts
EnLink Midstream (NYSE:ENLC) has been assigned a $18.00 price objective by Robert W. Baird in a research report issued to clients and investors on Monday. The firm currently has a “hold” rating on the pipeline company’s stock. Robert W. Baird’s price objective indicates a potential upside of 4.05% from the stock’s current price.
Several other analysts also recently commented on ENLC. Seaport Global Securities set a $17.00 price objective on shares of EnLink Midstream and gave the company a “hold” rating in a research report on Friday, February 9th. ValuEngine downgraded shares of EnLink Midstream from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. B. Riley initiated coverage on shares of EnLink Midstream in a report on Friday, January 26th. They issued a “neutral” rating and a $18.00 price target on the stock. Zacks Investment Research upgraded shares of EnLink Midstream from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a report on Tuesday, October 17th. Finally, Bank of America initiated coverage on shares of EnLink Midstream in a report on Tuesday, January 9th. They issued a “neutral” rating on the stock. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the company. EnLink Midstream has a consensus rating of “Hold” and a consensus target price of $18.62.
Shares of EnLink Midstream (NYSE ENLC) opened at $17.30 on Monday. The company has a market cap of $2,997.78, a price-to-earnings ratio of 576.86 and a beta of 2.47. EnLink Midstream has a 52-week low of $15.00 and a 52-week high of $20.45. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.85 and a current ratio of 0.85.
WARNING: “EnLink Midstream (ENLC) Given a $18.00 Price Target by Robert W. Baird Analysts” was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this news story on another domain, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this news story can be viewed at https://www.thecerbatgem.com/2018/02/14/enlink-midstream-enlc-given-a-18-00-price-target-by-robert-w-baird-analysts.html.
EnLink Midstream Company Profile
EnLink Midstream, LLC is an integrated midstream company. The Company’s assets consist of equity interests in EnLink Midstream Partners, LP (the Partnership) and EnLink Oklahoma Gas Processing, LP (EnLink Oklahoma T.O.). The Partnership is engaged in the gathering, transmission, processing and marketing of natural gas and natural gas liquids (NGLs), condensate and crude oil, as well as providing crude oil, condensate and brine services to producers.
Receive News & Ratings for EnLink Midstream Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnLink Midstream and related companies with MarketBeat.com's FREE daily email newsletter.