Analyst Ratings for EnLink Midstream Partners L.P. (ENLK)

Updated: 2017-07-28

EnLink Midstream Partners L.P. (NYSE:ENLK) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Hold was previously issued for ENLK last month.

Of the 18 analysts covering the stock, 4 gave it a buy rating, 3 issued an overweight rating, 10 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

ENLK was given price targets by several analysts. The highest price target was 23, which equates to a potential upside of 38.87 percent. The minimum price target given was 17, implying a possible loss of 2.64 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -16.67 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -2.45 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -28.57 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

ENLK has traded between a high of 19.89 and a low of 15.07 over the past year. Today's price is 9.9 percent above the 52-week low, and 16.73 percent lower than its 52-week high. ENLK has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The ENLK value stock report compares ENLK to some of its peers using value stock charts. The stock has a market capitalization of $5.91 billion. ENLK will post this quarters earnings in days, on 0000-00-00.