Research analysts at Deutsche Bank AG started coverage on shares of Noble Midstream Partners LP (NASDAQ:NBLX) in a research report issued to clients and investors on Monday, The Fly reports. The brokerage set a “hold” rating on the stock.
Several other research analysts have also recently weighed in on NBLX. Mizuho initiated coverage on Noble Midstream Partners in a research report on Monday. They issued a “buy” rating and a $33.00 price objective on the stock. Barclays PLC initiated coverage on Noble Midstream Partners in a research report on Monday. They set an “overweight” rating on the stock. Finally, Robert W. Baird initiated coverage on Noble Midstream Partners in a research report on Monday. They set an “outperform” rating and a $39.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $36.00.
Shares of Noble Midstream Partners (NASDAQ:NBLX) opened at 27.71 on Monday. The company has a 50-day moving average price of $27.17 and a 200 day moving average price of $27.17. Noble Midstream Partners has a 1-year low of $26.00 and a 1-year high of $28.35.
In related news, COO John C. Nicholson acquired 2,700 shares of the firm’s stock in a transaction that occurred on Tuesday, September 20th. The shares were bought at an average cost of $22.50 per share, for a total transaction of $60,750.00. Following the purchase, the chief operating officer now owns 2,700 shares in the company, valued at approximately $60,750. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John F. Iv Bookout acquired 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 20th. The shares were bought at an average price of $22.50 per share, for a total transaction of $157,500.00. Following the completion of the purchase, the chief financial officer now owns 7,000 shares in the company, valued at approximately $157,500. The disclosure for this purchase can be found here.
Noble Midstream Partners Company Profile
Noble Midstream Partners LP owns, operates, develop, and acquires a range of domestic midstream infrastructure assets. The Company provides crude oil, natural gas, and water-related midstream services for Noble Energy, Inc The Company’s operating assets are focused on the Denver-Julesburg Basin (DJ Basin) in Colorado.
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