DCP Midstream, LP – Consensus Indicates Potential 45.9% Upside

Broker Ratings

DCP Midstream, LP with ticker code (DCP) now have 13 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 49 and 28 calculating the mean target price we have 36.85. Given that the stocks previous close was at 25.26 this is indicating there is a potential upside of 45.9%. There is a 50 day moving average of 29.97 while the 200 day moving average is 27.24. The market cap for the company is $5,013m. You can visit the company’s website by visiting: https://www.dcpmidstream.com

DCP Midstream, LP, together with its subsidiaries, owns, operates, acquires, and develops a portfolio of midstream energy assets in the United States. The company operates in two segments, Logistics and Marketing, and Gathering and Processing. The Logistics and Marketing segment engages in transporting, trading, marketing, and storing natural gas and natural gas liquids (NGLs); and fractionating NGLs. The Gathering and Processing segment is involved in gathering, compressing, treating, and processing natural gas; producing and fractionating NGLs; and recovering condensate. The company owns and operates approximately 39 natural gas processing plants. It serves petrochemical and refining companies, and retail propane distributors. The company was formerly known as DCP Midstream Partners, LP and changed its name to DCP Midstream, LP in January 2017. DCP Midstream, LP was incorporated in 2005 and is headquartered in Denver, Colorado.

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