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Analysts Are Bullish on Top Industrial Goods Stocks: Dcp Midstream Partners (DCP)

There’s a lot to be optimistic about in the Industrial Goods sector as 1 analysts just weighed in on and Dcp Midstream Partners (DCPResearch Report) with bullish sentiments.

Dcp Midstream Partners (DCP)

Mizuho Securities analyst Gabe Moreen maintained a Buy rating on Dcp Midstream Partners on August 17 and set a price target of $45.00. The company’s shares closed last Tuesday at $38.87, close to its 52-week high of $39.54.

According to TipRanks.com, Moreen is a 5-star analyst with an average return of 6.8% and a 72.1% success rate. Moreen covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Plains All American, and Magellan Midstream.

Dcp Midstream Partners has an analyst consensus of Strong Buy, with a price target consensus of $43.00, which is a 12.6% upside from current levels. In a report issued on August 8, Stifel Nicolaus also maintained a Buy rating on the stock with a $45.00 price target.

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