EnLink Midstream (ENLC) Stock Forecast & Price Target

$13.79

+0.14 (+1.03%)

(As of 07/26/2024 ET)

EnLink Midstream - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 7 Analyst Ratings

Based on 7 Wall Street analysts who have issued ratings for EnLink Midstream in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 2 have given a hold rating, and 5 have given a buy rating for ENLC.

Consensus Price Target

$15.33
11.19% Upside

High Forecast	$17.00
Average Forecast	$15.33
Low Forecast	$14.00

According to the 7 analysts' twelve-month price targets for EnLink Midstream, the average price target is $15.33. The highest price target for ENLC is $17.00, while the lowest price target for ENLC is $14.00. The average price target represents a forecasted upside of 11.19% from the current price of $13.79.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$15.33	$14.33	$14.29	$14.14
Forecasted Upside	11.19% Upside	14.22% Upside	16.95% Upside	32.89% Upside

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ENLC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ENLC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

EnLink Midstream Stock vs. The Competition

Type	EnLink Midstream	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.71	2.56	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	11.19% Upside	230.54% Upside	9.16% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/10/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$14.00 ➝ $15.00	+9.57%
7/8/2024	Wells Fargo & Company 3 of 5 stars	P. Satish Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight	$13.00 ➝ $17.00	+23.10%
4/16/2024	Citigroup 3 of 5 stars		Boost Target	Buy ➝ Buy	$13.00 ➝ $16.00	+18.96%
3/22/2024	Capital One Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Suki Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$15.00	+13.94%
1/18/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$14.00 ➝ $15.00	+26.37%
10/3/2023	Pickering Energy Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform
9/12/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$13.00 ➝ $14.00	+14.57%
5/4/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$14.50 ➝ $14.00	+63.93%
4/25/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$18.00 ➝ $17.00	+72.94%
2/16/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$16.00 ➝ $15.00	+28.76%
11/3/2022	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	$12.00 ➝ $14.00	+15.89%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 01:37 AM ET.

ENLC Forecast - Frequently Asked Questions

What is EnLink Midstream's forecast for 2024?: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for EnLink Midstream is $15.33, with a high forecast of $17.00 and a low forecast of $14.00.
Should I buy or sell EnLink Midstream stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ENLC shares.
Does EnLink Midstream's stock price have much upside?: According to analysts, EnLink Midstream's stock has a predicted upside of 17.64% based on their 12-month stock forecasts.
Has EnLink Midstream been upgraded by Wall Street analysts recently?: Over the previous 90 days, EnLink Midstream's stock had 1 upgrade by analysts.
What analysts cover EnLink Midstream?: EnLink Midstream has been rated by research analysts at JPMorgan Chase & Co., and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like EnLink Midstream more than its competitors?: Analysts like EnLink Midstream more than other "oils/energy" companies. The consensus rating score for EnLink Midstream is 2.71 while the average consensus rating score for "oils/energy" companies is 2.56. Learn more on how ENLC compares to other companies.