Mizuho Maintains Western Midstream Partners LP - Unit (WES) Buy Recommendation

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2023-09-06 20:50:17  • 5 mins

Fintel reports that on September 6, 2023, Mizuho maintained coverage of Western Midstream Partners LP - Unit (NYSE:WES) with a Buy recommendation.

Analyst Price Forecast Suggests 17.22% Upside

As of August 31, 2023, the average one-year price target for Western Midstream Partners LP - Unit is 31.47. The forecasts range from a low of 24.24 to a high of $37.80. The average price target represents an increase of 17.22% from its latest reported closing price of 26.85.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Western Midstream Partners LP - Unit is 3,501MM, an increase of 13.33%. The projected annual non-GAAP EPS is 3.29.

Western Midstream Partners LP - Unit Declares $0.56 Dividend

On July 21, 2023 the company declared a regular quarterly dividend of $0.56 per share ($2.25 annualized). Shareholders of record as of July 31, 2023 received the payment on August 14, 2023. Previously, the company paid $0.50 per share.

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