Robert W. Baird Reaffirmed Antero Resources Midstream Management Llc (AMGP) As a “Buy”; They Now Have a Target Price per Share Of $36.0

April 17, 2018 - By Hazel Jackson

Antero Resources Midstream Management Llc (AMGP) Rating Reaffirmed

The company has just set a target price of $36.0 on Antero Resources Midstream Management Llc (AMGP) shares. This is 110.16 % from the close price. In a research report shared with investors and clients on 21 December, Robert W. Baird reiterated their “Buy” rating on shares of AMGP.

Antero Midstream GP LP (NYSE:AMGP) Ratings Coverage

Among 8 analysts covering Antero Resources Midstream Management Llc (AMGP), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Antero Resources Midstream Management Llc has $36.0 highest and $16 lowest target. $22.93’s average target is 33.86% above currents $17.13 stock price. Antero Resources Midstream Management Llc had 12 analyst reports since November 6, 2017 according to SRatingsIntel. The stock has “Buy” rating by Wells Fargo on Monday, November 6. As per Wednesday, December 6, the company rating was upgraded by Citigroup. The firm has “Hold” rating by Credit Suisse given on Thursday, January 4. The stock has “Buy” rating by Robert W. Baird on Tuesday, January 2. Goldman Sachs upgraded the stock to “Buy” rating in Friday, January 5 report. The company was downgraded on Wednesday, January 17 by Barclays Capital. As per Friday, November 17, the company rating was maintained by Morgan Stanley. The firm has “Buy” rating given on Thursday, December 21 by Robert W. Baird. The company was maintained on Monday, April 9 by Robert W. Baird. The firm has “Neutral” rating given on Monday, April 9 by Seaport Global.

The stock increased 3.38% or $0.56 during the last trading session, reaching $17.13. About 568,140 shares traded. Antero Midstream GP LP (AMGP) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await Antero Midstream GP LP (NYSE:AMGP) to report earnings on May, 8. AMGP’s profit will be $20.48M for 38.93 P/E if the $0.11 EPS becomes a reality. After $0.03 actual earnings per share reported by Antero Midstream GP LP for the previous quarter, Wall Street now forecasts 266.67 % EPS growth.

Antero Midstream GP LP owns, operates, and develops midstream energy assets in the Marcellus and Utica Shales in West Virginia and Ohio. The company has market cap of $3.19 billion. The company, through its assets, gathering pipelines, compressor stations, processing and fractionation plants, and water handling and treatment systems provide midstream services to Antero Resources Corporation under long term fixed-fee contracts. It has a 489.43 P/E ratio. The firm was formerly known as Antero Resources Midstream Management LLC and changed its name to Antero Midstream GP LP in May 2017.

Antero Midstream GP LP (NYSE:AMGP) Ratings Chart

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