I have posted the updated profile and my updated forecast/valuation model for ENLK to the EPG website.
ENLK has an annual yield over 11% based on today's unit price.
By the end of Q1 2019 all of the outstanding units of ENLK will be acquired by ENLC, effectively converting it to a C-Corp.
EnLink Midstream (ENLK & ENLC)
EnLink Midstream (ENLK & ENLC)
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: EnLink Midstream (ENLK & ENLC)
On December 20:
EnLink Midstream (NYSE:ENLC) was upgraded by analysts at Jefferies Financial Group Inc from a "hold" rating to a "buy" rating.
EnLink Midstream Partners (NYSE:ENLK) was upgraded by analysts at Jefferies Financial Group Inc from a "hold" rating to a "buy" rating. They now have a $15.00 price target on the stock, down previously from $18.00. 27.1% upside from the current price of $11.80.
EnLink Midstream (NYSE:ENLC) was upgraded by analysts at Jefferies Financial Group Inc from a "hold" rating to a "buy" rating.
EnLink Midstream Partners (NYSE:ENLK) was upgraded by analysts at Jefferies Financial Group Inc from a "hold" rating to a "buy" rating. They now have a $15.00 price target on the stock, down previously from $18.00. 27.1% upside from the current price of $11.80.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group