Jefferies Keeps Their Hold Rating on EnLink Midstream LLC

By Ryan Adsit

Jefferies analyst Christopher Sighinolfi reiterated a Hold rating on EnLink Midstream LLC (NYSE: ENLC) yesterday and set a price target of $16. The company’s shares closed yesterday at $18.75.

According to TipRanks.com, Sighinolfi is a 5-star analyst with an average return of 12.5% and a 69.9% success rate. Sighinolfi covers the Basic Materials sector, focusing on stocks such as Enterprise Products Partners LP, Energy Transfer Partners LP, and Dcp Midstream Partners Lp.

EnLink Midstream LLC has an analyst consensus of Moderate Buy, with a price target consensus of $17.50.

The company has a one-year high of $20.45 and a one-year low of $15.00. Currently, EnLink Midstream LLC has an average volume of 365.2K.

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EnLink Midstream LLC engages in the gathering, transmission, processing, and marketing of natural gas and natural gas liquids, condensate and crude oil, as well as providing crude oil, condensate, and brine services to producers. It operates through the following segments: Texas, Oklahoma, Lousiana, Crude and Condensate, and Corporate.