DCP Midstream, LP – Consensus Indicates Potential 15.7% Upside

Broker Ratings
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DCP Midstream, LP found using ticker (DCP) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 47 and 38 and has a mean target at 44.17. Now with the previous closing price of 38.18 this is indicating there is a potential upside of 15.7%. There is a 50 day moving average of 32.13 and the 200 day moving average is 31.48. The company has a market cap of $7,956m. Company Website: https://www.dcpmidstream.com

The potential market cap would be $9,204m based on the market concensus.

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 through 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 35 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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