The Analyst Verdict: EnLink Midstream In The Eyes Of 4 Experts
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on EnLink Midstream (NYSE:ENLC), with recent ratings showing a mix of somewhat bullish and indifferent stances. The average 12-month price target has increased by 10.53% to $15.75. Despite positive revenue growth, EnLink faces challenges with profitability and financial efficiency.
August 29, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
EnLink Midstream (NYSE:ENLC) has received mixed analyst ratings, with a recent increase in the average price target to $15.75, indicating a positive outlook. However, the company faces challenges in profitability and financial efficiency, with below-industry net margin, ROE, and ROA.
The mixed analyst ratings reflect a neutral short-term impact on ENLC's stock price. The increase in the average price target suggests some positive sentiment, but the company's financial challenges, such as low profitability and high debt, may offset this. Thus, the overall short-term impact is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100