BP Midstream Partners: Analysts’ Views and Target Price



BP Midstream Partners

BP Midstream Partners (BPMP) is BP Pipelines’ MLP. So far, BP Midstream has underperformed its peers in 2019. According to analysts’ estimates, BP Midstream Partners has a median target price of $18.83 compared to its current market price of $15.17, which indicates a potential upside of 24% for the next 12 months.


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Among the seven analysts tracking BP Midstream Partners, three recommended a “buy,” two recommended a “hold,” and two recommended a “sell.”

BP Midstream offers a distribution yield of 8%, which is in line with its peers. Genesis Energy (GEL) is trading at a yield of 9.6%. Genesis Energy has risen almost 25% in 2019. The company has beat its peers by a large margin.

Genesis Energy has a target price of $25.33, which implies an upside potential of 11.4% for the next 12 months. Currently, Genesis Energy is trading at $22.74.

To learn more, read Enbridge: Why Income Investors Are Attracted to the Stock.

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