Noble Midstream Partners LP (NBLX) Earns Buy Rating from Analysts at Mizuho
Mizuho assumed coverage on shares of Noble Midstream Partners LP (NASDAQ:NBLX) in a report released on Monday, StockTargetPrices.com reports. The firm set a “buy” rating and a $33.00 price target on the stock. Mizuho’s price objective would suggest a potential upside of 19.09% from the stock’s previous close.
Shares of Noble Midstream Partners (NASDAQ:NBLX) opened at 27.71 on Monday. The firm’s 50-day moving average is $27.17 and its 200-day moving average is $27.17. Noble Midstream Partners has a 12-month low of $26.00 and a 12-month high of $28.35.
In other news, Director Gary W. Willingham purchased 10,000 shares of the stock in a transaction dated Tuesday, September 20th. The stock was acquired at an average cost of $22.50 per share, for a total transaction of $225,000.00. Following the completion of the acquisition, the director now directly owns 10,000 shares in the company, valued at approximately $225,000. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO John C. Nicholson purchased 2,700 shares of the stock in a transaction dated Tuesday, September 20th. The shares were purchased at an average price of $22.50 per share, with a total value of $60,750.00. Following the completion of the acquisition, the chief operating officer now owns 2,700 shares of the company’s stock, valued at $60,750. The disclosure for this purchase can be found here.
About Noble Midstream Partners
Noble Midstream Partners LP owns, operates, develop, and acquires a range of domestic midstream infrastructure assets. The Company provides crude oil, natural gas, and water-related midstream services for Noble Energy, Inc The Company’s operating assets are focused on the Denver-Julesburg Basin (DJ Basin) in Colorado.
Receive News & Ratings for Noble Midstream Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noble Midstream Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.