EnLink Midstream (ENLC) Receiving Somewhat Favorable News Coverage, Report Finds

Press coverage about EnLink Midstream (NYSE:ENLC) has been trending somewhat positive on Tuesday, Alpha One reports. Alpha One, a subsidiary of Accern, identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. EnLink Midstream earned a news impact score of 0.11 on Alpha One’s scale. Alpha One also gave news stories about the pipeline company an impact score of 25 out of 100, indicating that recent press coverage is very unlikely to have an effect on the company’s share price in the next few days.

Here are some of the news stories that may have effected AlphaOne Sentiment’s rankings:

Insider Buying and Selling by Quarter for EnLink Midstream (NYSE:ENLC)

Several research analysts have weighed in on ENLC shares. Credit Suisse Group increased their price target on shares of EnLink Midstream from $18.00 to $19.00 and gave the stock an “underperform” rating in a research report on Friday, April 7th. Janney Montgomery Scott started coverage on shares of EnLink Midstream in a research report on Friday, March 10th. They issued a “neutral” rating and a $21.00 price target on the stock. Royal Bank Of Canada reiterated a “hold” rating and issued a $21.00 price target on shares of EnLink Midstream in a research report on Friday, April 21st. Guggenheim assumed coverage on shares of EnLink Midstream in a research report on Monday, April 17th. They issued a “neutral” rating and a $18.00 price target on the stock. Finally, TheStreet upgraded shares of EnLink Midstream from a “d” rating to a “c-” rating in a research report on Friday, June 2nd. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the stock. EnLink Midstream has a consensus rating of “Hold” and a consensus target price of $18.18.

Shares of EnLink Midstream (NYSE ENLC) traded down 2.51% during trading on Tuesday, hitting $15.55. 168,806 shares of the company’s stock were exchanged. The company’s market cap is $2.81 billion. EnLink Midstream has a 12-month low of $14.70 and a 12-month high of $20.45. The company has a 50-day moving average of $17.40 and a 200-day moving average of $18.55.

TRADEMARK VIOLATION NOTICE: “EnLink Midstream (ENLC) Receiving Somewhat Favorable News Coverage, Report Finds” was first posted by Stock Observer and is the property of of Stock Observer. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of U.S. & international copyright legislation. The original version of this piece can be viewed at https://www.thestockobserver.com/2017/06/20/enlink-midstream-enlc-receives-daily-media-impact-score-of-0-11-updated-updated.html.

About EnLink Midstream

EnLink Midstream, LLC is an integrated midstream company. The Company’s assets consist of equity interests in EnLink Midstream Partners, LP (the Partnership) and EnLink Oklahoma Gas Processing, LP (EnLink Oklahoma T.O.). 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.

Receive News & Ratings for EnLink Midstream LLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnLink Midstream LLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply