Published On: Wed, Oct 19th, 2016

Analyst Coverage: Martin Midstream Partners L.P. (NASDAQ:MMLP)


Recently stock market analysts have updated their consensus ratings on shares of Martin Midstream Partners L.P. (NASDAQ:MMLP).

Most recent broker ratings

09/16/2016 – Janney Montgomery Scott began new coverage on Martin Midstream Partners L.P. giving the company a “neutral” rating. They now have a USD 22 price target on the stock.

09/09/2016 – FBR Capital Markets began new coverage on Martin Midstream Partners L.P. giving the company a “outperform” rating. They now have a USD 27 price target on the stock.

03/03/2016 – Martin Midstream Partners L.P. was upgraded to “overweight” by analysts at Stephens. They now have a USD 25 price target on the stock.

02/17/2016 – Martin Midstream Partners L.P. was downgraded to “underperform” by analysts at Bank of America Merrill Lynch.

09/21/2015 – Martin Midstream Partners L.P. had its “sector perform” rating reiterated by analysts at RBC Capital. They now have a USD 29 price target on the stock.

05/01/2015 – Martin Midstream Partners L.P. had its “buy” rating reiterated by analysts at MLV & Co. They now have a USD 39 price target on the stock.

12/04/2014 – Capital One began new coverage on Martin Midstream Partners L.P. giving the company a “equal weight” rating. They now have a USD 42 price target on the stock.

09/01/2014 – Martin Midstream Partners L.P. was downgraded to “neutral” by analysts at Zacks. They now have a USD 45.2 price target on the stock.

08/01/2014 – Martin Midstream Partners L.P. had its “outperform” rating reiterated by analysts at Raymond James. They now have a USD 43 price target on the stock.

05/19/2014 – Martin Midstream Partners L.P. had its “neutral” rating reiterated by analysts at Robert W. Baird. They now have a USD 43 price target on the stock.

05/07/2014 – Martin Midstream Partners L.P. had its “buy” rating reiterated by analysts at Wunderlich. They now have a USD 85 price target on the stock.

03/17/2014 – Martin Midstream Partners L.P. was upgraded to “buy” by analysts at UBS. They now have a USD 46 price target on the stock.

03/03/2014 – Martin Midstream Partners L.P. was upgraded to “buy” by analysts at Thomson Reuters/Verus.

02/28/2014 – Martin Midstream Partners L.P. was downgraded to “hold” by analysts at TheStreet.

Martin Midstream Partners L.P. has a 50 day moving average of 20.21 and a 200 day moving average of 21.63. The stock’s market capitalization is 741.34M, it has a 52-week low of 13.27 and a 52-week high of 29.81.

The share price of the company (NASDAQ:MMLP) was down -0.95%, with a high of 21.23during the day and the volume of Martin Midstream Partners L.P. shares traded was 75629.

Martin Midstream Partners L.P. is a limited partnership company with operations focused in the United States Gulf Coast region. The Company’s segments include Terminalling and Storage, Natural Gas Services, Sulfur Services and Marine Transportation. The Company owns or operates approximately 30 marine shore-based terminal facilities and over 20 specialty terminal facilities located in the United States. It distributes natural gas liquids (NGLs), and purchases NGLs from refineries and natural gas processors. The Company stores and transports NGLs for wholesale deliveries to refineries, industrial NGL users and propane retailers. It has developed an integrated system of transportation assets and facilities relating to sulfur services. The Company operates a fleet of approximately 40 inland marine tank barges, over 20 inland push boats and approximately three offshore tug and barge units that transport petroleum products and by-products in the United States Gulf Coast region.