DCP Midstream LP (NYSE:DCP) price target raised to $44.00 by Citigroup

ME Staff
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Analyst Ratings For DCP Midstream LP (NYSE:DCP)

Today, Citigroup raised its price target on DCP Midstream LP (NYSE:DCP) to $44.00 per share.

There are 6 Hold Ratings, 5 Buy Ratings, 2 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on DCP Midstream LP (NYSE:DCP) is Hold with a consensus target price of $40.0833 per share, a potential 9.27% downside.

Some recent analyst ratings include

  • 7/17/2018-US Capital Advisors Reiterated Rating of Overweight.
  • 6/26/2018-Goldman Sachs Group Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 6/12/2018-Barclays was Downgraded by analysts at Barclays from a “Equal Weight ” rating to a ” Underweight” rating. They now have a $39.00 price target on the stock, up previously from $46.00 .
  • 6/6/2018-Stifel Nicolaus was Downgraded by analysts at Stifel Nicolaus from a “Buy ” rating to a ” Hold” rating. They now have a $42.00 price target on the stock.
  • 4/19/2018-Deutsche Bank initiated coverage with a Hold rating.

Recent Insider Trading Activity For DCP Midstream LP (NYSE:DCP)
DCP Midstream LP (NYSE:DCP) has insider ownership of 0.04% and institutional ownership of 54.44%.

  • On 11/20/2017 Brent L Backes, VP, bought 150 with an average share price of $1,000.00 per share and the total transaction amounting to $150,000.00.
  • On 11/20/2017 Don Baldridge, Insider, bought 50 with an average share price of $1,000.00 per share and the total transaction amounting to $50,000.00.
  • On 11/20/2017 Kempen Wouter T Van, CEO, bought 750 with an average share price of $1,000.00 per share and the total transaction amounting to $750,000.00.
  • On 2/27/2015 Thomas C Morris, Director, bought 5,000 with an average share price of $39.74 per share and the total transaction amounting to $198,700.00.
  • On 3/4/2013 Rose M Robeson, CFO, bought 2,500 with an average share price of $42.39 per share and the total transaction amounting to $105,975.00.
  • On 3/4/2013 William S Waldheim, President, bought 2,000 with an average share price of $42.19 per share and the total transaction amounting to $84,380.00.

About DCP Midstream LP (NYSE:DCP)
DCP Midstream, LP, together with its subsidiaries, owns, operates, acquires, and develops a portfolio of midstream energy assets in the United States. The company operates in two segments, Gathering and Processing, and Logistics and Marketing. The Gathering and Processing segment is involved in gathering, compressing, treating, and processing natural gas; producing and fractionating natural gas liquids (NGLs); and recovering condensate. The Logistics and Marketing segment engages in transporting, trading, marketing, and storing natural gas and NGLs; fractionating NGLs; and wholesale propane logistics. As of February 13, 2018, it owned and operated approximately 60 plants and 63,000 miles of natural gas and NGLs pipelines with operations in 17 states. The company serves petrochemical and refining companies, and retail propane distributors. DCP Midstream GP, LP serves as the general partner of the company. The company was formerly known as DCP Midstream Partners, LP and changed its name to DCP Midstream, LP in January 2017. DCP Midstream, LP was founded in 2005 and is headquartered in Denver, Colorado.

Recent Trading Activity for DCP Midstream LP (NYSE:DCP)
Shares of DCP Midstream LP closed the previous trading session at 44,18 0,00 0,00 % with 43.86 shares trading hands.