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EnLink Midstream LLC (NYSE:ENLC) target price raised to $21.00, issued a report today by Zacks Investment Research

Yesterday EnLink Midstream LLC (NYSE:ENLC) traded 1.05% higher at $19.20. The company’s 50-day moving average is $18.56 and its 200-day moving average is $16.77. The last stock close price is up 14.46% from the 200-day moving average, compared to the S&P 500 which has decreased -0.04% over the same time. 328,474 shares of the stock were exchanged, down from an average trading volume of 449,900

EnLink Midstream LLC (NYSE:ENLC) had its target price raised to $21.00 by Zacks Investment Research in a report released 01/11/2017. The new target price indicates a possible upside of 0.09% based on the company's last stock close price.

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EnLink Midstream LLC (NYSE:ENLC)

EnLink Midstream LLC has a 52 week low of $6.41 and a 52 week high of $20.25 The company’s market cap is currently $0.

A total of 15 brokerages have issued a ratings update on EnLink Midstream LLC. One brokerage rating the company a strong buy, two brokerages rating the company a buy, eleven brokerages rating the company a hold, one brokerage rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $14.40.

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, storage facilities and ancillary assets.

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