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ValuEngine upgraded Rice Midstream Partners LP (NYSE:RMP) to Buy in a report released today.

Yesterday Rice Midstream Partners LP (NYSE:RMP) traded -1.80% lower at $20.20. The company’s 50-day moving average is $20.22 and its 200-day moving average is $23.54. The last closing price is down -16.42% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time period. 353,590 shares of the stock traded hands, down from an average trading volume of 663,611

ValuEngine has upgraded Rice Midstream Partners LP (NYSE:RMP) to Buy in a report released on 7/06/2017.

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Rice Midstream Partners LP (NYSE:RMP)

Rice Midstream Partners LP has a 52 week low of $16.87 and a 52 week high of $26.42 with a P/E ratio of 13.93 The company’s market cap is currently $0.

In addition to ValuEngine reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is $21.46 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Rice Midstream Partners LP (NYSE:RMP)

Rice Midstream Partners LP owns, operates, develops and acquires midstream assets in the Appalachian Basin. The Company's segments are gathering and compression, and water services. The gathering and compression segment provides natural gas gathering and compression services for Rice Energy Inc. (Rice Energy) and third parties in the Appalachian Basin. The water services segment provides water services to support well completion activities, and to collect and recycle or dispose of flowback and produced water for Rice Energy and third parties in the Appalachian Basin. Its gas gathering and compression assets are located within the dry gas core of the Marcellus Shale and, consists of approximately 3.3 million dekatherms per day (MMDth/d) high-pressure dry gas gathering system and associated compression in Washington County, Pennsylvania, and an approximately 840 thousand dekatherms per day (MDth/d) high-pressure dry gas gathering system in Greene County, Pennsylvania.

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