Western Gas Partners (NYSE:WES) target price raised to $64.00, issued a report today by RBC Capital
- Updated: October 10, 2016
Just yesterday Western Gas Partners (NYSE:WES) traded 0.82% higher at $55.07. Western Gas Partners’s 50-day moving average is $51.27 and its 200-day moving average is $49.24. The last stock price is up 11.84% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 158,637 shares of WES traded hands, down from an average trading volume of 318,517
Western Gas Partners (NYSE:WES) had its target bumped up to $64.00 by RBC Capital in an issued report announced 10/11/2016. The bumped up target suggests a potential upside of 0.16% based on the company's previous stock price.
Recent Performance Chart
Western Gas Partners has 52 week low of $25.40 and a 52 week high of $56.11 with a PE ratio of 325.86 and has a market capitalization of $0.
A total of 17 brokerages have released a report on Western Gas Partners. Two brokerages rating the company a strong buy, nine brokerages rating the company a buy, seven brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $48.29.
General Company Details For Western Gas Partners (NYSE:WES)
Western Gas Partners, LP is a master limited partnership (MLP) that acquires, owns, develops and operates midstream energy assets. The Company is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil for Anadarko Petroleum Corporation (Anadarko), as well as third-party producers and customers. It operates in the segment of gathering, processing, compressing, treating and transporting Anadarko and third-party natural gas, condensate, NGLs and crude oil in the United States. Its operations and activities are managed by its general partner, which is indirectly controlled by Anadarko through Western Gas Equity Partners, LP (WGP). Anadarko is an independent oil and gas exploration and production company. The Company's assets and investments are located in the Rocky Mountains (Colorado, Utah and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas.
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