Shares of Memorial Production Partners LP (NASDAQ:MEMP) have been given a consensus recommendation of “Hold” by the six research firms that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating and three have issued a hold rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $1.00.

Separately, UBS AG began coverage on shares of Memorial Production Partners in a research note on Thursday. They issued a “market perform” rating for the company.

Shares of Memorial Production Partners (NASDAQ:MEMP) traded up 0.000% during trading on Thursday, reaching $0.125. Memorial Production Partners has a 52 week low of $0.10 and a 52 week high of $1.98.

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Memorial Production Partners Company Profile

Memorial Production Partners LP (the Partnership) owns, acquires and exploits oil and natural gas properties in North America. The Partnership is owned by its limited partners and general partner. Its general partner is responsible for managing all of the Partnership’s operations and activities. The Partnership operates in the acquisition, exploitation, development and production of oil and natural gas properties segment.

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