Equities researchers at J P Morgan Chase & Co initiated coverage on shares of Bp Midstream Lp (NYSE:BPMP) in a research report issued to clients and investors on Monday. The brokerage set an “overweight” rating on the stock.

Shares of Bp Midstream Lp (NYSE BPMP) traded up $0.18 on Monday, reaching $18.30. 690,397 shares of the company traded hands, compared to its average volume of 615,100. Bp Midstream Lp has a 12-month low of $16.85 and a 12-month high of $18.91.

COPYRIGHT VIOLATION WARNING: “J P Morgan Chase & Co Initiates Coverage on Bp Midstream Lp (BPMP)” was reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this news story on another website, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be viewed at https://theolympiareport.com/2017/11/20/bp-midstream-lp-bpmp-receives-new-coverage-from-analysts-at-j-p-morgan-chase-co.html.

In other Bp Midstream Lp news, insider Robert P. Zinsmeister purchased 5,555 shares of the business’s stock in a transaction on Monday, October 30th. The shares were bought at an average cost of $18.00 per share, for a total transaction of $99,990.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Clive Christison purchased 2,500 shares of the business’s stock in a transaction on Monday, October 30th. The shares were acquired at an average price of $18.00 per share, for a total transaction of $45,000.00. The disclosure for this purchase can be found here.

Bp Midstream Lp Company Profile

BP Midstream Partners LP is a master limited partnership formed by BP Pipelines (North America) Inc The Company owns, operates, develops and acquires pipelines and other midstream assets. It owns one onshore crude oil pipeline system, one onshore refined products pipeline system, one onshore diluent pipeline system, interests in four offshore crude oil pipeline systems and an interest in one offshore natural gas pipeline system.

Analyst Recommendations for Bp Midstream Lp (NYSE:BPMP)

Receive News & Ratings for Bp Midstream Lp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bp Midstream Lp and related companies with Analyst Ratings Network's FREE daily email newsletter.