DCP Midstream (NYSE:DCP – Get Rating) was downgraded by research analysts at StockNews.com from a "strong-buy" rating to a "buy" rating in a research report issued on Friday.

Several other equities research analysts also recently commented on the stock. Mizuho lifted their target price on shares of DCP Midstream from $44.00 to $45.00 and gave the stock a "buy" rating in a research report on Thursday, August 4th. Royal Bank of Canada lowered shares of DCP Midstream from an "outperform" rating to a "sector perform" rating and lowered their price objective for the company from $41.00 to $38.00 in a research note on Thursday. Finally, Barclays lifted their price objective on shares of DCP Midstream from $38.00 to $40.00 and gave the company an "overweight" rating in a research note on Tuesday, August 16th. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, DCP Midstream has a consensus rating of "Buy" and an average price target of $38.88.

DCP Midstream Trading Down 0.6 %

DCP opened at $38.18 on Friday. The company's 50 day moving average is $31.84 and its 200-day moving average is $33.03. DCP Midstream has a 1-year low of $23.58 and a 1-year high of $39.54. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 0.86. The company has a market cap of $7.96 billion, a P/E ratio of 10.29 and a beta of 2.84.

Institutional Trading of DCP Midstream

DCP Midstream Company Profile

(Get Rating)

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 through Logistics and Marketing, and Gathering and Processing. The Logistics and Marketing segment engages in transporting, trading, marketing, and storing natural gas and natural gas liquids (NGLs); and fractionating NGLs.

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