Barclays PLC began coverage on shares of Noble Midstream Partners LP (NASDAQ:NBLX) in a research note released on Monday. The brokerage issued an overweight rating and a $35.00 price target on the stock.
Separately, Mizuho assumed coverage on Noble Midstream Partners in a research note on Monday. They set a buy rating and a $33.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. Noble Midstream Partners has a consensus rating of Buy and an average price target of $34.50.
Shares of Noble Midstream Partners (NASDAQ:NBLX) traded up 0.25% during mid-day trading on Monday, reaching $28.48. The company’s stock had a trading volume of 10,881 shares. The firm has a 50-day moving average of $27.24 and a 200-day moving average of $27.24. Noble Midstream Partners has a 52 week low of $26.00 and a 52 week high of $28.99.
In other news, insider Thomas W. Christensen bought 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 20th. The shares were acquired at an average cost of $22.50 per share, with a total value of $33,750.00. Following the transaction, the insider now owns 1,500 shares of the company’s stock, valued at approximately $33,750. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO John F. Iv Bookout bought 7,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 20th. The stock was purchased at an average cost of $22.50 per share, for a total transaction of $157,500.00. Following the completion of the transaction, the chief financial officer now directly 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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