EnLink Midstream (ENLC) Hold Rating Reiterated by Analysts at B.Riley FBR; The Price Target is $18.0000; ANGLO AMERICAN PLC ORDINARY SHARES UNIT (AAUKF) SI Increased By 1.71%

June 5, 2018 - By Richard Conner

EnLink Midstream, LLC (NYSE:ENLC) Logo

In a research note shared with investors on Monday morning, EnLink Midstream LLC (NYSE:ENLC) stock Hold was restate at B.Riley FBR. They currently have a $18.0000 target price on the stock. B.Riley FBR’s target price would indicate a potential downside of -1.37% from the company’s last stock close price.

ANGLO AMERICAN PLC ORDINARY SHARES UNIT (OTCMKTS:AAUKF) had an increase of 1.71% in short interest. AAUKF’s SI was 14.09M shares in June as released by FINRA. Its up 1.71% from 13.86M shares previously. With 1,500 avg volume, 9396 days are for ANGLO AMERICAN PLC ORDINARY SHARES UNIT (OTCMKTS:AAUKF)’s short sellers to cover AAUKF’s short positions. The SI to ANGLO AMERICAN PLC ORDINARY SHARES UNIT’s float is 1.49%. The stock decreased 2.20% or $0.55 during the last trading session, reaching $24.45. About shares traded. Anglo American plc (OTCMKTS:AAUKF) has 0.00% since June 5, 2017 and is . It has underperformed by 12.57% the S&P500.

Anglo American plc, together with its subsidiaries, engages in exploring, mining, processing, and smelting bulk commodities, base metals and minerals, and precious metals and minerals worldwide. The company has market cap of $34.01 billion. The firm explores for iron ore, manganese ore, and alloys; metallurgical and thermal coal; copper; nickel; niobium; phosphates; platinum group metals; and rough and polished diamonds. It has a 9.98 P/E ratio.

Another recent and important EnLink Midstream, LLC (NYSE:ENLC) news was published by Globenewswire.com which published an article titled: “Report: Developing Opportunities within Pacific Premier, EnLink Midstream, CENTENNIAL RES, Navistar International …” on May 16, 2018.

Analysts await EnLink Midstream, LLC (NYSE:ENLC) to report earnings on August, 7. They expect $0.19 EPS, up 171.43% or $0.12 from last year’s $0.07 per share. ENLC’s profit will be $34.40M for 24.01 P/E if the $0.19 EPS becomes a reality. After $0.07 actual EPS reported by EnLink Midstream, LLC for the previous quarter, Wall Street now forecasts 171.43% EPS growth.

The stock increased 1.11% or $0.2 during the last trading session, reaching $18.25. About 634,607 shares traded or 27.01% up from the average. EnLink Midstream, LLC (NYSE:ENLC) has declined 4.71% since June 5, 2017 and is downtrending. It has underperformed by 17.28% the S&P500.

EnLink Midstream, LLC gathering, transmission, processing, fractionation, storage, stabilization, brine, and marketing services to producers of natural gas, natural gas liquids, crude oil, and condensate in the United States. The company has market cap of $3.30 billion. The Company’s midstream energy asset network includes approximately 11,000 miles of pipelines; 20 natural gas processing plants; 7 fractionators; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. It has a 15.8 P/E ratio. The firm was founded in 2013 and is headquartered in Dallas, Texas.

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