Shell Midstream Partners (NYSE: SHLX) Recognizes today its rating Recognized by UBS; The price target given is $ 40



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November 26, 2017 – By Nellie Frank

   Recognition of purchase of Shell Midstream Partners (NYSE: SHLX) today by UBS; The Price Target Given is $ 40

The rating of Shell Midstream Partners (NYSE: SHLX)

was reaffirmed In a research note sent to investors and clients this morning, UBS restated its Buy rating on Shell Midstream Partners (NYSE: SHLX) shares. The target price per share would indicate a possible increase of 55.28% of the last price of the company.

Shell Ratings Coverage Midstream Partners LP (NYSE: SHLX)

Among the 9 badysts covering Shell Midstream Partners (NYSE: SHLX), 7 Buy rating, 0 Sell and 2 Hold. Therefore, 78% are positive. Shell Midstream Partners has a higher target of $ 52 and a lower target of $ 29. The average target of $ 34.75 is 34.90% above the current $ 25.76 share price. Shell Midstream Partners had 21 badyst reports from July 2, 2015 in accordance with SRatingsIntel. Stifel Nicolaus held Shell Midstream Partners LP (NYSE: SHLX) on Thursday, July 13 with the "Buy" rating. The firm has an "Equal weight" rating awarded on Thursday, November 10 by Barclays Capital. The company was started on Thursday, June 16 by Morgan Stanley. Shares of Shell Midstream Partners LP (NYSE: SHLX) were awarded the "Buy" rating by Stifel Nicolaus on Monday, August 14. Shares of Shell Midstream Partners LP (NYSE: SHLX) were rated "Outperform" by RBC Capital Markets on Monday. May 2 According to Friday, November 17, Barclays Capital maintained the rating of the company. The stock has an "overweight" rating by Barclays Capital on Thursday, July 2. The company was maintained on Friday, November 17 by UBS. Shares of Shell Midstream Partners LP (NYSE: SHLX) earned a "Buy" rating on RBC Capital Markets on Thursday, October 19. RBC Capital Markets maintained the action with a "Buy" rating in the report on Monday, September 25.

decreased 0.35% or $ 0.09 on November 24, reaching $ 25.76. Around 70,949 shares traded. Shell Midstream Partners LP (NYSE: SHLX) has decreased 5.89% since November 26, 2016 and shows a downward trend. It has had a performance that is 22.59% lower than the S & P500.

Investors expect Shell Midstream Partners LP (NYSE: SHLX) will report its quarterly earnings on February 22 Wall Street badysts expect $ 0.40 EPS, up to $ 0.06 or 17.65% of its profits quarter of $ 0.34 of the same year. This translates into a gain of $ 75.16M for SHLX that gives the stock a 16.10 P / E. This badumes that the current EPS of $ 0.40 is accurate. Wall Street badysts at Shell Midstream Partners LP see a growth of 29.03% in EPS, taking into account the $ 0.31 EPS recovered in the previous quarter,

Shell Midstream Partners, LP is a limited company master company that owns , operates, develops and acquires pipelines and other midstream badets. The company has a market capitalization of $ 4.84 billion. The Firm carries out its activities through its subsidiary, Shell Midstream Operating, LLC. It has a P / E ratio of 20.39. The Company's badets consist of interests in entities that own crude oil and pipelines of refined products that serve as key infrastructure to transport crude oil production offshore and inland to the refining markets of the Gulf Coast and Midwest and to deliver refined products from those markets to the demand centers.

Latest news from Shell Midstream Partners LP (NYSE: SHLX) were published by: Bizjournals.com, which launched: "Shell MLP acquires lines in a $ 630 million roll-out agreement" on May 5, 2017. Streetinsider.com published the news headline: "Citi resumes Shell Midstream Partners, LP (SHLX) in Buy" on November 20, 2017. News from Nasdaq.com titled: "Tortoise Capital Advisors, Llc buys Andeavor Logistics LP, ONEOK Inc, Shell … "with publication date: November 17, 2017 was also interesting.

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