Enable Midstream Partners LP (NYSE:ENBL) target price raised to $16.00, reported today by Goldman Sachs Group Inc.
- Updated: September 19, 2016
In a report issued 9/19/2016 Goldman Sachs Group Inc. upped the target price of Enable Midstream Partners LP (NYSE:ENBL) from $13 to $16 reporting a possible upside of 0.11%.
Boasting a price of $14.42, Enable Midstream Partners LP (NYSE:ENBL) traded 0.00% even on the day. With the last stock price up 19.22% from the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the same period. The company has logged a 50-day moving average of $13.68 and 200-day average of $12.10. Trading volume was was down over the average, with 0 shares of ENBL changing hands under the typical 310,400 shares.
Recent Performance Chart:
With a total market value of $0.0, Enable Midstream Partners LP has a 52 week low of $5.38 and a one-year high of $16.50 with a price-earnings ratio of 0.
A total of 10 brokerages have released a ratings update on Enable Midstream Partners LP. Zero rate the company a strong buy, 0 rate the stock a buy, 0 analysts rate the stock a hold, 0 rate the company to underperform, and finally 0 brokeragesrate the company as sell with a 12-month target stock price of $13.50
Brief Synopsis On Enable Midstream Partners LP (NYSE:ENBL)
Enable Midstream Partners LP owns, operates and develops strategically located natural gas and crude oil infrastructure assets. The Company operates in two business segments: Gathering and Processing, and Transportation and Storage. It serves production areas in the United States, including several unconventional shale resource plays, and local and regional end user markets in the United States. Its Gathering and processing segment provides natural gas gathering, processing and fractionation services and crude oil gathering for producer customers. Its natural gas gathering and processing assets are located in over five states. Its Transportation and storage segment provides interstate and intrastate natural gas pipeline transportation and storage service to natural gas producers, and utilities and industrial customers. Its natural gas transportation and storage assets extend from western Oklahoma and the Texas Panhandle to Alabama and from Louisiana to Illinois.
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