A number of firms have updated their ratings and price targets of Enable Midstream Partners’ shares.
Enable has its price target lowered by analysts at J. P. Morgan Chase & Co., from US$22 - US$19. As a result, on 28 July 2015, JPMorgan’s equity researcher labeled the stock with a ‘neutral’ rating.
The company’s market capitalisation of US$6.57 billion also saw Directors Scott M. Prochazka purchase 4468 shares of Enable’s stock, and Gary L. Whitlock acquire 2500 shares.
The pipeline partnership between OGE Energy Corp.'s Enogex LLC and Houston-based CenterPoint Energy Inc. finally has a name: Enable Midstream Partners LP.