Western Midstream Partners, LP – Consensus ‘buy’ rating and 23.1% Upside Potential

Broker Ratings
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Western Midstream Partners, LP which can be found using ticker (WES) now have 13 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 36 and 27 suggesting an average Analsyt target price of $32.38. Given that the stocks previous close was at $26.31 this is indicating there is a potential upside of 23.1%. The 50 day MA is $26.10 and the 200 moving average now moves to $26.87. The market capitalization for the company is 9.98B. The current stock price for Targa Resources Corp. is currently 25.95 USD

The potential market cap would be $12,283,428,767 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 9.37, revenue per share of 8.27 and a 7.13% return on assets.

Wesfarmers Limited is an Australia-based company, which is engaged in various business operations such as home improvement and outdoor living; apparel and general merchandise; office supplies; health, beauty and wellbeing; chemicals, energy and fertilizers, and industrial and safety products. Its segments include Bunnings; Kmart Group; Officeworks; Wesfarmers Chemicals, Energy and Fertilisers (WesCEF); Industrial and Safety; Health; Catch; and Other. The Bunnings segment is a retailer of home improvement and outdoor living products in Australia and New Zealand. The Kmart Group segment comprises Kmart and Target and operates over 452 stores across Australia and New Zealand. The Officeworks segment is a retailer and supplier of office products and solutions for small and medium-size businesses, students and households. The WesCEF segment manages a portfolio of sustainable businesses. The Industrial and Safety segment is a supplier of industrial, safety and workwear products and services.

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