Analysts who follow Noble Midstream Partners LP (NBLX) on average expect it to add 48.84% over the next twelve months. Those same analysts give the stock an average rating of Buy.
That average rating earns Noble Midstream Partners LP an Analyst Ranking of 15, which means it ranks higher than 15 of stocks, based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Noble Midstream Partners LP Stock Today?
Noble Midstream Partners LP (NBLX) stock is lower by -1.6% while the S&P 500 is unchanged 0% as of 9:39 AM on Tuesday, Oct 27. NBLX has fallen -$0.14 from the previous closing price of $8.74 on volume of 27 shares. Over the past year the S&P 500 is up 11.90% while NBLX has fallen -64.70%. NBLX earned $2.13 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 4.02.
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