Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Barclays Stick to Their Hold Rating for BP Midstream Partners LP

Published 05/18/2021, 09:10 PM
Updated 05/18/2021, 09:10 PM


Barclays (LON:BARC) analyst Theresa Chen maintained a Hold rating on BP Midstream Partners (NYSE:BPMP) LP on Monday, setting a price target of $14, which is approximately 0.43% above the present share price of $13.94.

Chen expects BP (NYSE:BP) Midstream Partners LP to post earnings per share (EPS) of $0.39 for the second quarter of 2021.

The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in BP Midstream Partners, with an average price target of $15.
The analysts price targets range from a high of $16 to a low of $14.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $29.6 million and a net profit of $18.6 million. The company's market cap is $1.46 billion.

According to TipRanks.com, Barclays analyst Theresa Chen is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 16.0% and a 72.41% success rate.

BP Midstream Partners LP engages in the operation, development, and acquisition of pipelines and other midstream assets. Its assets includes interests in entities that own crude oil, natural gas, refined products and diluent pipelines, and refined product terminals. The company was founded on May 22, 2017 and is headquartered in Houston, TX.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.