▼ -23.55% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for EnLink Midstream in the last 3 months. The average price target is $5.00, with a high forecast of $7.50 and a low forecast of $2.50. The average price target represents a -23.55% upside from the last price of $6.54.
The current consensus among 8 investment analysts is to hold stock in EnLink Midstream. This Hold consensus rating has held steady for over two years.
EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, North Texas, Oklahoma, Louisiana, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, as well as providing brine disposal services. Its midstream energy asset network includes approximately 11,900 miles of pipelines; 22 natural gas processing plants; 7 fractionators; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was incorporated in 2013 and is based in Dallas, Texas.