EnLink Midstream (ENLC) Stock Forecast & Price Target

$14.74

+0.13 (+0.89%)

(As of 10/18/2024 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

Hold

Based on 10 Analyst Ratings

Sell
0

Hold
7

Buy
3

Based on 10 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 10 analysts, 7 have given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for ENLC.

Consensus Price Target

$15.44
4.85% Upside

According to the 10 analysts' twelve-month price targets for EnLink Midstream, the average price target is $15.44. 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 upside of 4.85% from the current price of $14.74.

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ENLC Analyst Ratings Over Time

Type	Current Forecast 10/19/23 to 10/18/24	1 Month Ago 9/19/23 to 9/18/24	3 Months Ago 7/21/23 to 7/20/24	1 Year Ago 10/19/22 to 10/19/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)
Hold	7 Hold rating(s)	6 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$15.44	$15.33	$15.33	$14.00
Forecasted Upside	4.85% Upside	6.15% Upside	8.06% Upside	9.46% Upside
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Moderate Buy

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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.

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.

EnLink Midstream Stock vs. The Competition

Type	EnLink Midstream	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.40	2.62	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	5.57% Upside	38.01% Upside	6.22% Upside
News Sentiment Rating	Positive News See Recent ENLC News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/30/2024	UBS Group 4 of 5 stars	S. Gershuni Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$16.00	+11.81%
9/16/2024	Morgan Stanley 3 of 5 stars		Downgrade	Overweight ➝ Equal Weight	$16.00 ➝ $16.00	+10.19%
9/3/2024	Capital One Financial 4 of 5 stars	W. Suki Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Equal Weight	$16.00	+11.42%
8/30/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$15.00 ➝ $15.00	+4.20%
8/30/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Satish Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight	$16.00 ➝ $15.00	+4.20%
8/29/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sector Perform ➝ Sector Perform	$15.00 ➝ $15.00	+3.02%
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8/16/2024	Tudor Pickering Subscribe to MarketBeat All Access for the recommendation accuracy rating	Z. Van. Everen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
8/16/2024	Tudor, Pickering, Holt & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$15.00	+17.51%
7/10/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$14.00 ➝ $15.00	+9.57%
4/16/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$13.00 ➝ $16.00	+18.96%
10/3/2023	Pickering Energy Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform
9/12/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$13.00 ➝ $14.00	+14.57%
2/16/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$16.00 ➝ $15.00	+28.76%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:16 PM ET.

ENLC Forecast - Frequently Asked Questions

: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for EnLink Midstream is $15.44, with a high forecast of $16.00 and a low forecast of $15.00.
: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 7 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 upside of 4.81% based on their 12-month stock forecasts.
: Over the previous 90 days, EnLink Midstream's stock had 4 downgrades and 2 upgrades by analysts.
: EnLink Midstream has been rated by research analysts at Capital One Financial, Morgan Stanley, Royal Bank of Canada, Stifel Nicolaus, Tudor Pickering, Tudor, Pickering, Holt & Co., 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.