Analyst Price Target is $42.00
▲ +0.74% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for DCP Midstream in the last 3 months. The average price target is $42.00, with a high forecast of $45.00 and a low forecast of $39.00. The average price target represents a 0.74% upside from the last price of $41.69.
Current Consensus is
The current consensus among 5 contributing investment analysts is to hold stock in DCP Midstream. This Hold consensus rating has held steady for over two years.
DCP Midstream, LP, together with its subsidiaries, owns, operates, acquires, and develops a portfolio of midstream energy assets in the United States. The company operates through two segments, Logistics and Marketing, and Gathering and Processing. The Logistics and Marketing segment engages in transporting, trading, marketing, and storing natural gas and natural gas liquids (NGLs); and fractionating NGLs. The Gathering and Processing segment is involved in gathering, compressing, treating, and processing natural gas; producing and fractionating NGLs; and recovering condensate. The company owns and operates approximately 36 natural gas processing plants. It serves petrochemical and refining companies, and retail propane distributors. The company was formerly known as DCP Midstream Partners, LP and changed its name to DCP Midstream, LP in January 2017. DCP Midstream, LP was incorporated in 2005 and is headquartered in Denver, Colorado.