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American Midstream Partners LP (AMID) [hlAlert]

Rating:
Neutral AMID

American Midstream Partners LP (AMID) rated Neutral with price target $13 by UBS

Posted on: Wednesday,  Aug 12, 2015  10:25 AM ET by UBS

American Midstream Partners LP (NYSE:
AMID) rated Neutral with price target $13 by UBS.

American Midstream Partners, LP owns, operates, develops and acquires a portfolio of natural gas midstream energy assets. The Company is engaged in the business of gathering, treating, processing and transporting natural gas through its ownership and operation of nine gathering systems, three processing facilities, two interstate pipelines and six intrastate pipelines. Its assets are located in Alabama, Louisiana, Mississippi, Tennessee and Texas, provide infrastructure, which links producers and suppliers of natural gas to diverse natural gas markets, including interstate and intrastate pipelines, as well as utility, industrial and other commercial customers. As of March 31, 2011, the Company operated approximately 1,400 miles of pipelines that gather and transport over 500 million cubic feet per day of natural gas.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/12/2015 10:25 AM Hold
None
14.25 13.00
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/16/2015 1:25 PM Hold
None
16.28 18.00

(*) Stock Price at the time of the recommendation.
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