DCP Midstream Partners (DCP) Earning Favorable News Coverage, Report Shows
News stories about DCP Midstream Partners (NYSE:DCP) have trended positive on Friday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DCP Midstream Partners earned a daily sentiment score of 0.31 on Accern’s scale. Accern also assigned media coverage about the pipeline company an impact score of 45.7465628120186 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Bank of America Upgrades DCP Midstream Partners (DCP) to “Buy” (americanbankingnews.com)
- Head to Head Analysis: DCP Midstream Partners (DCP) and Its Rivals (americanbankingnews.com)
- Contrasting DCP Midstream Partners (DCP) and Enbridge (ENB) (americanbankingnews.com)
- Volatile Stock to Watch – DCP Midstream, LP (NYSE: DCP) – The Investor Guide (wallstreetnews24.com)
- DCP Midstream, LP (DCP) Reports De Minimis Impacts as a Result of FERC’s Policy Statement (streetinsider.com)
Shares of DCP Midstream Partners (NYSE:DCP) opened at $34.41 on Friday. The firm has a market cap of $4,796.58, a price-to-earnings ratio of 80.02 and a beta of 2.17. The company has a current ratio of 0.89, a quick ratio of 0.84 and a debt-to-equity ratio of 0.68. DCP Midstream Partners has a 12-month low of $29.70 and a 12-month high of $42.79.
DCP has been the subject of a number of research reports. Credit Suisse Group initiated coverage on shares of DCP Midstream Partners in a research note on Thursday, January 4th. They issued a “neutral” rating and a $36.00 price objective for the company. Zacks Investment Research raised shares of DCP Midstream Partners from a “hold” rating to a “strong-buy” rating and set a $42.00 price objective for the company in a research note on Tuesday, January 2nd. Bank of America initiated coverage on shares of DCP Midstream Partners in a research note on Tuesday, January 9th. They issued a “buy” rating for the company. Stifel Nicolaus set a $39.00 price objective on shares of DCP Midstream Partners and gave the company a “buy” rating in a research note on Monday, December 18th. Finally, UBS reaffirmed a “buy” rating and issued a $42.00 price objective (down previously from $46.00) on shares of DCP Midstream Partners in a research note on Friday, March 2nd. One analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $39.80.
About DCP Midstream Partners
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, Gathering and Processing, and Logistics and Marketing. The Gathering and Processing segment is involved in gathering, compressing, treating, and processing natural gas; producing and fractionating natural gas liquids (NGLs); and recovering condensate.
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