Breaking: Western Gas Partners (NYSE:WES) “Equal-Weight” Rating Reconfirmed at Morgan Stanley Today; The Price Objective Given is $52

November 15, 2017 - By Clifton Ray

 Breaking: Western Gas Partners (NYSE:WES)

Investors sentiment increased to 1.45 in 2017 Q2. Its up 0.27, from 1.18 in 2017Q1. It is positive, as 16 investors sold Western Gas Partners, LP shares while 46 reduced holdings. 22 funds opened positions while 68 raised stakes. 73.26 million shares or 5.69% more from 69.32 million shares in 2017Q1 were reported.

Moreover, Envestnet Asset Mngmt has 0% invested in Western Gas Partners, LP (NYSE:WES). Creative Planning holds 243,628 shares. 119,850 are owned by Zimmer Prns Limited Partnership. Evergreen Mngmt Lc holds 105,599 shares. Lvw Llc stated it has 0.16% in Western Gas Partners, LP (NYSE:WES). Signaturefd Ltd Liability Co has invested 0.06% in Western Gas Partners, LP (NYSE:WES). Pathstone Family Office accumulated 2,425 shares. Lpl Fincl Ltd Liability Corp invested in 10,510 shares. Ontario – Canada-based State Bank Of Montreal Can has invested 0.04% in Western Gas Partners, LP (NYSE:WES). 18,164 were reported by Ameriprise. Cbre Clarion Ltd Liability Corporation reported 99,653 shares stake. Carroll Fin Assocs reported 0% stake. Registered Investment Advisor has invested 0.33% in Western Gas Partners, LP (NYSE:WES). Janney Montgomery Scott Ltd Liability Co reported 18,050 shares. M&T Bankshares holds 0.04% of its portfolio in Western Gas Partners, LP (NYSE:WES) for 117,026 shares.

Western Gas Partners (NYSE:WES) Rating Reaffirmed

Western Gas Partners (NYSE:WES) just had their share rating of a ‘”Equal-Weight”‘ issued by research analysts at Morgan Stanley, who now has a $52 TP on the $6.72B market cap company or a 18.07 % upside potential. This key information was revealed to investors in a report on Thursday, 2 November.

Investors sentiment increased to 1.45 in 2017 Q2. Its up 0.27, from 1.18 in 2017Q1. It is positive, as 16 investors sold Western Gas Partners, LP shares while 46 reduced holdings. 22 funds opened positions while 68 raised stakes. 73.26 million shares or 5.69% more from 69.32 million shares in 2017Q1 were reported.

Moreover, Envestnet Asset Mngmt has 0% invested in Western Gas Partners, LP (NYSE:WES). Creative Planning holds 243,628 shares. 119,850 are owned by Zimmer Prns Limited Partnership. Evergreen Mngmt Lc holds 105,599 shares. Lvw Llc stated it has 0.16% in Western Gas Partners, LP (NYSE:WES). Signaturefd Ltd Liability Co has invested 0.06% in Western Gas Partners, LP (NYSE:WES). Pathstone Family Office accumulated 2,425 shares. Lpl Fincl Ltd Liability Corp invested in 10,510 shares. Ontario – Canada-based State Bank Of Montreal Can has invested 0.04% in Western Gas Partners, LP (NYSE:WES). 18,164 were reported by Ameriprise. Cbre Clarion Ltd Liability Corporation reported 99,653 shares stake. Carroll Fin Assocs reported 0% stake. Registered Investment Advisor has invested 0.33% in Western Gas Partners, LP (NYSE:WES). Janney Montgomery Scott Ltd Liability Co reported 18,050 shares. M&T Bankshares holds 0.04% of its portfolio in Western Gas Partners, LP (NYSE:WES) for 117,026 shares.

Western Gas Partners, LP (NYSE:WES) Ratings Coverage

Among 17 analysts covering Western Gas Partners (NYSE:WES), 11 have Buy rating, 1 Sell and 5 Hold. Therefore 65% are positive. Western Gas Partners has $76 highest and $35 lowest target. $62.12’s average target is 41.05% above currents $44.04 stock price. Western Gas Partners had 37 analyst reports since August 3, 2015 according to SRatingsIntel. On Monday, September 28 the stock rating was maintained by FBR Capital with “Outperform”. The rating was downgraded by Bank of America to “Neutral” on Tuesday, January 12. The firm earned “Outperform” rating on Tuesday, October 11 by RBC Capital Markets. As per Friday, April 21, the company rating was initiated by Macquarie Research. The rating was downgraded by Citigroup on Thursday, November 5 to “Neutral”. RBC Capital Markets maintained the stock with “Buy” rating in Sunday, August 20 report. RBC Capital Markets maintained the shares of WES in report on Monday, September 25 with “Buy” rating. RBC Capital Markets maintained it with “Buy” rating and $69.0 target in Sunday, October 29 report. The rating was upgraded by CapitalOne to “Overweight” on Friday, December 16. The company was maintained on Monday, October 10 by .

About 26,949 shares traded. Western Gas Partners, LP (NYSE:WES) has risen 10.32% since November 15, 2016 and is uptrending. It has underperformed by 6.38% the S&P500.

Investors wait Western Gas Partners, LP (NYSE:WES) to report on February, 28. its quarterly earnings Wall Street analysts expect $0.45 earnings per share, up $0.10 or 28.57 % from last year’s $0.35 same quarter earnings. This translates into $68.65M profit for WES giving the stock a 24.47 P/E. This is assuming the current $0.45 EPS is accurate. Western Gas Partners, LP’s Wall Street analysts see 18.42 % EPS growth, taking into account the $0.38 EPS reproted in the previous quarter,

Western Gas Partners, LP is a master limited partnership that acquires, owns, develops and operates midstream energy assets. The company has market cap of $6.72 billion. The Firm is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil in the United States. It has a 33.15 P/E ratio. The Firm provides midstream services for Anadarko Petroleum Corporation (Anadarko), as well as for third-party producers and customers.

More news for Western Gas Partners, LP (NYSE:WES) were recently published by: Prnewswire.com, which released: “Western Gas Announces Third-Quarter 2017 Results” on October 31, 2017. Seekingalpha.com‘s article titled: “Western Gas Partners’ (WES) CEO Ben Fink on Q3 2017 Results – Earnings Call …” and published on November 01, 2017 is yet another important article.

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