EnLink Midstream LLC has a consensus price target of $13.5 based on the ratings of 15 analysts. The high is $16 issued by Morgan Stanley on September 16, 2024. The low is $7 issued by Barclays on October 19, 2021. The 3 most-recent analyst ratings were released by Morgan Stanley, Capital One, and Wells Fargo on September 16, 2024, September 3, 2024, and August 30, 2024, respectively. With an average price target of $15.67 between Morgan Stanley, Capital One, and Wells Fargo, there's an implied 6.83% upside for EnLink Midstream LLC from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for EnLink Midstream (NYSE:ENLC) was reported by Morgan Stanley on September 16, 2024. The analyst firm set a price target for $16.00 expecting ENLC to rise to within 12 months (a possible 9.10% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for EnLink Midstream (NYSE:ENLC) was provided by Morgan Stanley, and EnLink Midstream downgraded their equal-weight rating.
The last upgrade for EnLink Midstream LLC happened on July 8, 2024 when Wells Fargo raised their price target to $17. Wells Fargo previously had an equal-weight for EnLink Midstream LLC.
The last downgrade for EnLink Midstream LLC happened on September 16, 2024 when Morgan Stanley changed their price target from $16 to $16 for EnLink Midstream LLC.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of EnLink Midstream, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for EnLink Midstream was filed on September 16, 2024 so you should expect the next rating to be made available sometime around September 16, 2025.
While ratings are subjective and will change, the latest EnLink Midstream (ENLC) rating was a downgraded with a price target of $16.00 to $16.00. The current price EnLink Midstream (ENLC) is trading at is $14.67, which is out of the analyst’s predicted range.
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