RBC Capital analyst T J Schultz maintained a Hold rating on Enable Midstream (NYSE:ENBL) on Monday, setting a price target of $7, which is approximately 19.45% above the present share price of $5.86.
J Schultz expects Enable Midstream to post earnings per share (EPS) of $0.24 for the second quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Enable Midstream, with an average price target of $5.
The analysts price targets range from a high of $7 to a low of $3.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $648 million and a net profit of $174 million. The company's market cap is $2.52 billion.
According to TipRanks.com, RBC Capital analyst T J Schultz is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.3% and a 60.81% success rate.
Enable Midstream Partners LP owns, operates and develops natural gas and crude oil infrastructure assets. It operates through the following segments: Gathering & Processing, and Transportation & Storage. The Gathering and Processing segment provides natural gas gathering, processing, and fractionation services, as well as crude oil gathering services for its producer customers. The Transportation and Storage segment offers interstate and intrastate natural gas pipeline transportation and storage services to natural gas producers, utilities, and industrial customers. The company was founded in May 2013 and is headquartered in Oklahoma, OK.