Analyst Price Target is $12.83
▼ -17.89% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Shell Midstream Partners in the last 3 months. The average price target is $12.83, with a high forecast of $15.00 and a low forecast of $11.00. The average price target represents a -17.89% upside from the last price of $15.63.
Current Consensus is
The current consensus among 5 contributing investment analysts is to hold stock in Shell Midstream Partners. This Hold consensus rating has held steady for over two years.
Shell Midstream Partners, L.P. owns, operates, develops, and acquires pipelines and other midstream, and logistics assets in the United States. It owns interests in crude oil and refined products pipelines and terminals to transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets. The company stores and transports crude oil, refined, natural gas, and refinery gas products for various customers, including producers, refiners, marketers, and traders, as well as to other crude oil and refined products pipelines through its pipelines and storage tanks. Shell Midstream Partners GP LLC serves as the general partner of Shell Midstream Partners, L.P. The company was founded in 2014 and is headquartered in Houston, Texas. Shell Midstream Partners, L.P. operates as a subsidiary of Shell Pipeline Company LP.