Enable Midstream Partners, LP (NYSE:ENBL) was upgraded by equities researchers at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Sunday.

A number of other brokerages have also recently issued reports on ENBL. Credit Suisse Group raised shares of Enable Midstream Partners, from a “neutral” rating to an “outperform” rating in a research note on Monday, May 15th. Zacks Investment Research raised shares of Enable Midstream Partners, from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a research note on Monday, July 17th. Citigroup Inc. reaffirmed a “neutral” rating and issued a $16.25 price objective (up from $14.00) on shares of Enable Midstream Partners, in a research note on Thursday, June 1st. TheStreet raised shares of Enable Midstream Partners, from a “c” rating to a “b-” rating in a research note on Monday, June 5th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $18.00 price objective on shares of Enable Midstream Partners, in a research note on Tuesday, June 6th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $16.91.

Enable Midstream Partners, (ENBL) opened at 15.00 on Friday. Enable Midstream Partners, has a 12-month low of $12.12 and a 12-month high of $17.36. The firm has a 50 day moving average price of $15.16 and a 200 day moving average price of $15.98. The company has a market cap of $6.49 billion, a PE ratio of 17.79 and a beta of 1.98.

Enable Midstream Partners, (NYSE:ENBL) last announced its quarterly earnings data on Tuesday, August 1st. The pipeline company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. Enable Midstream Partners, had a net margin of 15.20% and a return on equity of 5.19%. The firm had revenue of $626 million for the quarter, compared to analysts’ expectations of $644.27 million. The firm’s revenue was up 18.3% on a year-over-year basis. On average, analysts anticipate that Enable Midstream Partners, will post $0.85 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “BidaskClub Upgrades Enable Midstream Partners, LP (ENBL) to “Hold”” was posted by Daily Political and is the sole property of of Daily Political. If you are accessing this story on another website, it was stolen and republished in violation of United States & international copyright & trademark legislation. The correct version of this story can be accessed at https://www.dailypolitical.com/2017/08/08/bidaskclub-upgrades-enable-midstream-partners-lp-enbl-to-hold.html.

In other Enable Midstream Partners, news, major shareholder Arclight Capital Partners, Llc sold 4,000 shares of the stock in a transaction on Monday, July 17th. The shares were sold at an average price of $16.00, for a total value of $64,000.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last quarter, insiders sold 227,910 shares of company stock worth $3,726,621.

A number of large investors have recently bought and sold shares of ENBL. FMR LLC purchased a new stake in Enable Midstream Partners, during the fourth quarter valued at $9,046,000. Renaissance Technologies LLC purchased a new stake in Enable Midstream Partners, during the fourth quarter valued at $1,512,000. Guggenheim Capital LLC raised its stake in Enable Midstream Partners, by 23.9% in the fourth quarter. Guggenheim Capital LLC now owns 90,108 shares of the pipeline company’s stock valued at $1,417,000 after buying an additional 17,409 shares during the period. Duff & Phelps Investment Management Co. raised its stake in Enable Midstream Partners, by 100.0% in the first quarter. Duff & Phelps Investment Management Co. now owns 300,000 shares of the pipeline company’s stock valued at $5,007,000 after buying an additional 150,000 shares during the period. Finally, Hollencrest Securities LLC purchased a new stake in Enable Midstream Partners, during the first quarter valued at $995,000. Institutional investors own 18.31% of the company’s stock.

About Enable Midstream Partners,

Enable Midstream Partners LP owns, operates and develops midstream energy infrastructure assets strategically located to serve its customers. The Company operates in two business segments: Gathering and Processing, and Transportation and Storage. Its gathering and processing segment primarily provides natural gas and crude oil gathering and natural gas processing services to its producer customers.

Analyst Recommendations for Enable Midstream Partners, (NYSE:ENBL)

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