Free Trial

EnLink Midstream (ENLC) Stock Forecast & Price Target

EnLink Midstream logo
$15.75 +0.08 (+0.51%)
(As of 11/22/2024 ET)

EnLink Midstream - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
9
Buy
3

Based on 12 Wall Street analysts who have issued ratings for EnLink Midstream in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 9 have given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for ENLC.

Consensus Price Target

$15.40
-2.22% Downside
According to the 12 analysts' twelve-month price targets for EnLink Midstream, the average price target is $15.40. The highest price target for ENLC is $16.00, while the lowest price target for ENLC is $15.00. The average price target represents a forecasted downside of -2.22% from the current price of $15.75.
Get the Latest News and Ratings for ENLC and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for EnLink Midstream and its competitors.

Sign Up

ENLC Analyst Ratings Over Time

TypeCurrent Forecast
11/25/23 to 11/24/24
1 Month Ago
10/26/23 to 10/25/24
3 Months Ago
8/27/23 to 8/26/24
1 Year Ago
11/25/22 to 11/25/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
Hold
9 Hold rating(s)
7 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$15.40$15.44$15.29$14.00
Forecasted Upside-2.22% Downside4.25% Upside13.52% Upside5.50% Upside
Consensus Rating
Hold
Hold
Moderate Buy
Moderate Buy

ENLC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

ENLC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

EnLink Midstream Stock vs. The Competition

TypeEnLink MidstreamOils/Energy CompaniesS&P 500
Consensus Rating Score
2.33
2.63
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-2.22% Downside1,453.22% Upside7.66% Upside
News Sentiment Rating
Neutral News

See Recent ENLC News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/21/2024Royal Bank of Canada
4 of 5 stars
 Reiterated RatingSector Perform ➝ Sector Perform$15.00 ➝ $15.00-3.16%
11/8/2024Raymond James
4 of 5 stars
J. Weston
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeOutperform ➝ Market Perform
10/31/2024Mizuho
2 of 5 stars
 Reiterated RatingNeutral$15.00+0.67%
9/30/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
S. Gershuni
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeBuy ➝ Neutral$16.00+11.81%
9/16/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOverweight ➝ Equal Weight$16.00 ➝ $16.00+10.19%
9/3/2024Capital One Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
W. Suki
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOverweight ➝ Equal Weight$16.00+11.42%
8/30/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold$15.00 ➝ $15.00+4.20%
8/30/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
P. Satish
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeOverweight ➝ Equal Weight$16.00 ➝ $15.00+4.20%
8/16/2024Tudor Pickering
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Z. Van. Everen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
8/16/2024Tudor, Pickering, Holt & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ Buy$15.00+17.51%
7/10/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$14.00 ➝ $15.00+9.57%
4/16/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$13.00 ➝ $16.00+18.96%
10/3/2023Pickering Energy Partners
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOutperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:34 AM ET.


ENLC Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for EnLink Midstream is $15.40, with a high forecast of $16.00 and a low forecast of $15.00.

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 9 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ENLC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ENLC, but not buy additional shares or sell existing shares.

According to analysts, EnLink Midstream's stock has a predicted downside of -2.22% based on their 12-month stock forecasts.

Over the previous 90 days, EnLink Midstream's stock had 5 downgrades and 1 upgrade by analysts.

EnLink Midstream has been rated by research analysts at Capital One Financial, Mizuho, Morgan Stanley, Raymond James, Royal Bank of Canada, Stifel Nicolaus, UBS Group, and Wells Fargo & Company in the past 90 days.

Analysts like EnLink Midstream less than other "oils/energy" companies. The consensus rating for EnLink Midstream is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how ENLC compares to other companies.


This page (NYSE:ENLC) was last updated on 11/24/2024 by MarketBeat.com Staff
From Our Partners