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American Midstream Partners LP (NYSE:AMID) target price raised to $16.00, reported today by Royal Bank Of Canada

Displaying a price of $12.05, American Midstream Partners LP (NYSE:AMID) traded 1.84% lower on the day. With the last stock close up 29.90% 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. AMID has registered a 50-day average of $12.55 and 200-day average of $10.69. 113,129 shares of AMID traded hands, down from ann average trading volume of 257,083

In an issued report on Friday August 19 2016 Royal Bank Of Canada upped the target price of American Midstream Partners LP (NYSE:AMID) from $0 to $16 reporting a possible upsideof 0.33%.

On 8/19/2016, RBC Capital reported about American Midstream Partners LP(NYSE:AMID) raised the target price from $0.00 to $16.00 that suggested an upside of 0.32%.

See Graph Below:

American Midstream Partners LP (NYSE:AMID)

Also covering American Midstream Partners LP’s target price, a total of 5 firms have reported on AMID. The average target is $10.30 with 0 rating the stock a strong buy, 0 rating the stock a buy, six analysts rating the stock a hold, one firm rating the company to underperform, and lastly 0 firms rating the stock as sell.

American Midstream Partners LP has a 52 week low of $3.80 and a 52 week high of $15.19. American Midstream Partners LP’s market capitalization is currently $0.0.

More About American Midstream Partners LP (NYSE:AMID)

American Midstream Partners, LP owns, operates, develops and acquires a portfolio of midstream energy assets. The Company is engaged in the business of gathering, treating, processing and transporting natural gas; gathering, transporting, storing, treating and fractionating natural gas liquids (NGLs); gathering, storing and transporting crude oil and condensates, and storing specialty chemical products. It operates through three segments: Gathering and Processing, Transmission and Terminals. The Gathering and Processing Segment consists of midstream natural gas systems that provide services, such as gathering, compression, treating, processing, fractionating, transportation, and sale of natural gas, and NGLs and condensate. Its Transmission Segment consists of interstate and intrastate pipelines that transport natural gas from interconnection points on other pipelines or production points to customers. Its Terminals segment provides above-ground storage services at its marine terminals.

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