Penntex Midstream Partners (PTXP) Given Media Impact Rating of 0.09

News coverage about Penntex Midstream Partners (NASDAQ:PTXP) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Penntex Midstream Partners earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave news articles about the pipeline company an impact score of 46.3091080994276 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

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Several research analysts have recently commented on the company. Robert W. Baird lowered Penntex Midstream Partners from an “outperform” rating to a “neutral” rating and raised their price target for the stock from $19.00 to $20.00 in a research report on Friday, May 19th. Stifel Nicolaus set a $20.00 price objective on Penntex Midstream Partners and gave the company a “hold” rating in a research note on Saturday, June 24th. Zacks Investment Research cut Penntex Midstream Partners from a “buy” rating to a “hold” rating in a research note on Thursday, May 11th. Royal Bank Of Canada cut Penntex Midstream Partners from an “outperform” rating to a “sector perform” rating and increased their price objective for the company from $19.00 to $20.00 in a research note on Friday, May 19th. Finally, TheStreet upgraded Penntex Midstream Partners from a “d+” rating to a “b-” rating in a research note on Monday, June 19th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $18.75.

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Penntex Midstream Partners Company Profile

PennTex Midstream Partners, LP, focuses on owning, operating, acquiring and developing midstream energy infrastructure assets in North America. The Company owns and operates midstream gathering, processing and transportation assets in northern Louisiana. The Company provides natural gas gathering and processing and residue gas and natural gas liquid (NGL) transportation services to producers focused on the Cotton Valley formation in northern Louisiana.