DCP Midstream Partners, LP (NYSE:DCP)‘s stock had its “sector perform” rating restated by analysts at Royal Bank Of Canada in a report released on Tuesday. They currently have a $37.00 price target on the pipeline company’s stock, down from their prior price target of $40.00. Royal Bank Of Canada’s target price would suggest a potential upside of 16.21% from the stock’s current price.

A number of other equities analysts have also commented on the company. Credit Suisse Group cut their price target on DCP Midstream Partners, from $44.00 to $40.00 and set a “neutral” rating for the company in a report on Tuesday. Zacks Investment Research lowered DCP Midstream Partners, from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Finally, US Capital Advisors raised DCP Midstream Partners, from a “hold” rating to an “overweight” rating in a report on Wednesday, May 24th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $39.90.

DCP Midstream Partners, (DCP) traded down 2.48% during mid-day trading on Tuesday, reaching $31.84. The company had a trading volume of 462,454 shares. The company has a market capitalization of $4.56 billion, a price-to-earnings ratio of 18.88 and a beta of 2.10. The stock has a 50-day moving average of $33.64 and a 200 day moving average of $36.67. DCP Midstream Partners, has a 12-month low of $29.70 and a 12-month high of $42.45.

DCP Midstream Partners, (NYSE:DCP) last posted its quarterly earnings results on Monday, August 7th. The pipeline company reported $0.18 EPS for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.04. DCP Midstream Partners, had a return on equity of 8.15% and a net margin of 10.53%. The firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $2.60 billion. DCP Midstream Partners,’s revenue was up 20.1% compared to the same quarter last year. On average, analysts expect that DCP Midstream Partners, will post $1.15 EPS for the current year.

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A number of large investors have recently bought and sold shares of DCP. Kayne Anderson Capital Advisors LP acquired a new stake in DCP Midstream Partners, during the second quarter valued at about $239,264,000. Alps Advisors Inc. acquired a new stake in DCP Midstream Partners, during the second quarter valued at about $223,169,000. Tortoise Capital Advisors L.L.C. acquired a new stake in DCP Midstream Partners, during the second quarter valued at about $126,078,000. Center Coast Capital Advisors LP acquired a new stake in DCP Midstream Partners, during the second quarter valued at about $113,213,000. Finally, First Eagle Investment Management LLC acquired a new stake in DCP Midstream Partners, during the second quarter valued at about $107,928,000. 56.43% of the stock is owned by institutional investors.

About DCP Midstream Partners,

DCP Midstream, LP, formerly DCP Midstream Partners, LP, is a producer and marketer of natural gas liquids (NGLs) in the United States. The Company is engaged in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; producing, fractionating, transporting, storing and selling NGLs and recovering, and selling condensate, and transporting, storing and selling propane in wholesale markets.

Analyst Recommendations for DCP Midstream Partners, (NYSE:DCP)

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