Access Midstream Partners LP Lowered to Neutral at Zacks (ACMP)
Zacks lowered shares of Access Midstream Partners LP (NASDAQ: ACMP) from an outperform rating to a neutral rating in a report released on Wednesday. Zacks currently has $42.30 target price on the stock.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital raised their price target on shares of Access Midstream Partners LP from $40.00 to $43.00 in a research note to investors on Thursday, February 21st. Separately, analysts at Barclays Capital raised their price target on shares of Access Midstream Partners LP from $42.00 to $44.00 in a research note to investors on Thursday, February 21st. They now have an overweight rating on the stock. Finally, analysts at UBS AG raised their price target on shares of Access Midstream Partners LP from $39.00 to $40.00 in a research note to investors on Thursday, February 21st. They now have a buy rating on the stock.
One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Access Midstream Partners LP currently has an average rating of Buy and a consensus target price of $41.90.
Access Midstream Partners LP (NASDAQ: ACMP) traded up 0.12% on Wednesday, hitting $41.01. Access Midstream Partners LP has a 1-year low of $22.50 and a 1-year high of $41.45. The stock’s 50-day moving average is currently $37.8. The company has a market cap of $6.826 billion and a price-to-earnings ratio of 35.93.
Access Midstream Partners, L.P., formerly Chesapeake Midstream Partners, L.P., is a midstream natural gas services provider with operations focused on owning, operating, developing and acquiring midstream energy assets in the United States.
To view Zacks’ full report, visit www.zacks.com
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