A statement released earlier today by Goldman Sachs Group Inc. about EnLink Midstream LLC (NYSE:ENLC) bumps down the target price to $14.00
- Updated: September 19, 2016
Displaying a price of $16.05, EnLink Midstream LLC (NYSE:ENLC) traded 0.00% even on the day. The last stock price is up 13.02% relative to the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. ENLC has registered a 50-day average of $16.25 and 200-day moving average of $14.20. 200 shares of the stock exchanged hands, down from ann avg. volume of 435,333
Goldman Sachs Group Inc. lowered the estimated target of EnLink Midstream LLC (NYSE:ENLC) to $14, stating a possible downside of -0.13%,
Recent Performance Graph:
A total of 15 brokerages have released a research note on the stock. One firm rate the company a strong buy, two firms rate the stock a buy, 11 analyts rate the stock a hold, one firm rate the company to underperform, and lastly one brokeragerate the company as sell with a one year target stock price of $14.40
EnLink Midstream LLC has a 52 week low of $6.41 and a one-year high of $23.60. ENLC’s market cap is currently $0.0.
General Company Details For EnLink Midstream LLC (NYSE:ENLC)
EnLink Midstream, LLC is a midstream energy services company. The Company’s assets include its equity interests in EnLink Midstream Partners, LP (the Partnership) and EnLink TOM Holdings, LP (TOM Holdings). 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. TOM Holdings and its subsidiaries are controlled by the Partnership and have similar operations to the Partnership. The Partnership has five reportable segments: Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate. The Partnership’s assets consist of gathering systems, transmission pipelines, processing facilities, fractionation facilities, stabilization facilities, and storage facilities and ancillary assets.
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