WEX Inc. (WEX) Reaches $198.12 Formed H&S; Profile of 2 Analysts Covering Western Midstream Partners, LP (WES)

Western Midstream Partners, LP (NYSE:WES) Logo

WEX Inc. (WEX) formed H&S with $186.23 target or 6.00% below today’s $198.12 share price. WEX Inc. (WEX) has $8.41 billion valuation. The stock increased 1.13% or $2.22 during the last trading session, reaching $198.12. About 107,889 shares traded. WEX Inc. (NYSE:WEX) has risen 14.74% since December 4, 2018 and is uptrending. It has outperformed by 14.74% the S&P500. Some Historical WEX News: 09/04/2018 – WEX to Modify Presentation of Some Line Items in Financials, Starting in 1Q; 01/05/2018 – WEX Health Survey Finds Many Americans Need Help Making Better Health Benefits Choices; 03/05/2018 – WEX INC WEX.N FY2018 REV VIEW $1.43 BLN — THOMSON REUTERS l/B/E/S; 03/05/2018 – WEX 1Q Rev $354.8M; 09/04/2018 – Wex Closes Below 50-Day Moving Average: Technicals; 05/04/2018 – WEX Inc. Hires New European Managing Director; 03/05/2018 – WEX Sees 2Q Rev $357M-$367M; 10/04/2018 – WEX Inc. and Mike Albert Fleet Solutions Extend Partnership; 03/05/2018 – WEX 1Q Net $48.6M; 14/03/2018 – WEX Inc. Introduces Proprietary Payments Solution for Mixed Fleets: Cross Roads™

Among 9 analysts covering Western Midstream Partners (NYSE:WES), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Western Midstream Partners has $3700 highest and $2300 lowest target. $28.78’s average target is 62.05% above currents $17.76 stock price. Western Midstream Partners had 11 analyst reports since June 14, 2019 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, August 6 by Credit Suisse. The rating was maintained by Bank of America with “Neutral” on Thursday, August 15. Citigroup maintained the shares of WES in report on Tuesday, December 3 with “Buy” rating. The rating was maintained by Citigroup on Tuesday, October 1 with “Buy”. As per Tuesday, August 13, the company rating was downgraded by JP Morgan. The rating was downgraded by UBS on Friday, August 2 to “Neutral”. Barclays Capital maintained Western Midstream Partners, LP (NYSE:WES) rating on Tuesday, October 15. Barclays Capital has “Hold” rating and $26 target. The rating was downgraded by Mitsubishi UFJ on Thursday, August 1 to “Neutral”. The stock of Western Midstream Partners, LP (NYSE:WES) has “Buy” rating given on Friday, September 6 by Mizuho. See Western Midstream Partners, LP (NYSE:WES) latest ratings:

03/12/2019 Broker: Citigroup Rating: Buy Old Target: $26.0000 New Target: $23.0000 Maintain
15/10/2019 Broker: Barclays Capital Rating: Hold New Target: $26 Maintain
01/10/2019 Broker: Citigroup Rating: Buy Old Target: $35.0000 New Target: $26.0000 Maintain
06/09/2019 Broker: Mizuho Rating: Buy Old Target: $34.0000 New Target: $30.0000 Maintain
03/09/2019 Broker: Scotia Capital Rating: Sector Perform New Target: $28.0000 Initiates Coverage On
15/08/2019 Broker: Bank of America Rating: Neutral Old Target: $35.0000 New Target: $29.0000 Maintain
13/08/2019 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Old Target: $40.0000 New Target: $31.0000 Downgrade
06/08/2019 Broker: Credit Suisse Rating: Neutral Old Target: $31.0000 New Target: $28.0000 Maintain
02/08/2019 Broker: UBS Old Rating: Buy New Rating: Neutral Old Target: $40.0000 New Target: $27.0000 Downgrade
01/08/2019 Broker: Mitsubishi UFJ Old Rating: Overweight New Rating: Neutral Old Target: $42.0000 New Target: $37.0000 Downgrade

Among 10 analysts covering WEX Inc. common stock (NYSE:WEX), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. WEX Inc. common stock has $26000 highest and $20400 lowest target. $229.60’s average target is 15.89% above currents $198.12 stock price. WEX Inc. common stock had 15 analyst reports since June 5, 2019 according to SRatingsIntel. Barclays Capital maintained WEX Inc. (NYSE:WEX) on Monday, November 4 with “Overweight” rating. SunTrust maintained the stock with “Buy” rating in Friday, November 1 report. The company was maintained on Monday, September 9 by Citigroup. BTIG Research maintained WEX Inc. (NYSE:WEX) rating on Thursday, July 18. BTIG Research has “Buy” rating and $25500 target. As per Friday, June 21, the company rating was maintained by Deutsche Bank. The rating was reinitiated by Jefferies on Thursday, July 18 with “Hold”. Wolfe Research maintained the shares of WEX in report on Friday, November 1 with “Buy” rating. Barclays Capital maintained the shares of WEX in report on Monday, August 5 with “Overweight” rating. The firm has “Buy” rating by Citigroup given on Friday, November 1. The rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, August 2.

Analysts await WEX Inc. (NYSE:WEX) to report earnings on March, 18. They expect $2.38 earnings per share, up 22.68% or $0.44 from last year’s $1.94 per share. WEX’s profit will be $100.97M for 20.81 P/E if the $2.38 EPS becomes a reality. After $2.42 actual earnings per share reported by WEX Inc. for the previous quarter, Wall Street now forecasts -1.65% negative EPS growth.

Investors sentiment decreased to 1.05 in 2019 Q2. Its down 0.38, from 1.43 in 2019Q1. It is negative, as 21 investors sold WEX Inc. shares while 79 reduced holdings. 45 funds opened positions while 98 raised stakes. 41.37 million shares or 1.24% more from 40.86 million shares in 2019Q1 were reported. Panagora Asset Mngmt has invested 0% in WEX Inc. (NYSE:WEX). Bath Savings Trust has 19,873 shares. Wisconsin Cap Lc stated it has 3.75% of its portfolio in WEX Inc. (NYSE:WEX). Williams Jones Associates Limited Liability Corp has 240,875 shares for 1.04% of their portfolio. Advisory Rech holds 0.01% or 1,639 shares in its portfolio. United Automobile Association owns 148,848 shares for 0.08% of their portfolio. Ftb Advsrs Inc holds 157 shares. Vanguard Gp Inc owns 0.03% invested in WEX Inc. (NYSE:WEX) for 4.00M shares. Cubist Systematic Strategies Lc reported 21,540 shares. Raymond James & Associates reported 0% of its portfolio in WEX Inc. (NYSE:WEX). Oppenheimer And Communication stated it has 0.01% in WEX Inc. (NYSE:WEX). Ubs Asset Mngmt Americas has 0% invested in WEX Inc. (NYSE:WEX) for 48,329 shares. Columbus Circle Investors holds 1.02% or 183,556 shares in its portfolio. Bamco Ny reported 0.38% stake. Wellington Mgmt Gp Llp invested in 4.04 million shares.

The stock increased 1.05% or $0.18 during the last trading session, reaching $17.76. About 297,784 shares traded. Western Midstream Partners, LP (NYSE:WES) has declined 28.13% since December 4, 2018 and is downtrending. It has underperformed by 28.13% the S&P500. Some Historical WES News: 17/04/2018 – WESTERN GAS REPORTS 1Q DISTRIBUTION OF $0.9350/UNIT; 15/03/2018 – James Thornhill: BREAKING: Wesfarmers $WES to de-merge Coles business, will retain a 20% stake. Shareholders will get new Coles; 01/05/2018 – Western Gas Partners 1Q EPS 38c; 03/05/2018 – Enterprise, Enbridge, Western Gas Partners and DCP Midstream Conduct Open Season for Texas Express Expansion; 03/05/2018 – DCP MIDSTREAM LP – ENTERPRISE WILL BE RESPONSIBLE FOR CONSTRUCTING EXPANSION, WHICH WILL CONSIST OF ADDING PUMPING CAPACITY ALONG 583-MILE ROUTE; 03/05/2018 – Enterprise, Western Gas Partners, and DCP Midstream Seek to Expand the Front Range Pipeline; 13/05/2018 – Western Gas Names New Chief Operating Officer; 15/03/2018 Financial Review: #BREAKING: @Wesfarmers to spin off @Coles into separate ASX company.$WES #ausbiz; 03/05/2018 – DCP MIDSTREAM – ENTERPRISE PRODUCTS PARTNERS, WESTERN GAS PARTNERS, CO, ANNOUNCED BINDING OPEN SEASON FOR ADDITIONAL CAPACITY ON FRONT RANGE PIPELINE; 13/05/2018 – WESTERN GAS NAMES GENNIFER F. KELLY AS NEW COO

Western Gas Partners, LP acquires, develops, owns, and operates midstream energy assets in the Rocky Mountains, North-central Pennsylvania, and Texas. The company has market cap of $8.05 billion. It is involved in gathering, processing, compressing, treating, and transporting natural gas, condensate, natural gas liquids, and crude oil. It has a 11.49 P/E ratio. Western Gas Holdings, LLC serves as the general partner of Western Gas Partners, LP.

Western Midstream Partners, LP (NYSE:WES) Institutional Positions Chart

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