Analysts Conflicted on These Materials Names: Noble Midstream Partners LP (NYSE: NBLX) and Noble Energy (NYSE: NBL)

By Austin Angelo

Analysts have been eager to weigh in on the Materials sector with new ratings on Noble Midstream Partners LP (NYSE: NBLX) and Noble Energy (NYSE: NBL).

Noble Midstream Partners LP (NYSE: NBLX)

In a report released yesterday, Richard Roberts from Scotiabank maintained a Buy rating on Noble Midstream Partners LP (NYSE: NBLX), with a price target of $50. The company’s shares closed yesterday at $42.25.

According to TipRanks.com, Roberts is ranked 0 out of 5 stars with an average return of -12.7% and a 9.1% success rate. Roberts covers the Basic Materials sector, focusing on stocks such as Energy Transfer Partners LP, Hess Midstream Partners Lp, and Antero Midstream Partners.

Noble Midstream Partners LP has an analyst consensus of Moderate Buy, with a price target consensus of $52.50.

Noble Energy (NYSE: NBL)

In a report released yesterday, Peter Kissel from Scotiabank maintained a Hold rating on Noble Energy (NYSE: NBL), with a price target of $43. The company’s shares closed yesterday at $28.12, close to its 52-week low of $27.72.

According to TipRanks.com, Kissel is ranked 0 out of 5 stars with an average return of -15.5% and a 17.9% success rate. Kissel covers the Basic Materials sector, focusing on stocks such as Wildhorse Resource Development Corp, National Fuel Gas Company, and Evolution Petroleum Corp.

Noble Energy has an analyst consensus of Moderate Buy, with a price target consensus of $43.10.

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