HomeMost Popular Antero Midstream Analysis: Target Price Perspective Insight into Antero Midstream Analyst Target Price

Antero Midstream Analysis: Target Price Perspective Insight into Antero Midstream Analyst Target Price

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In the tumultuous world of stock trading, Antero Midstream Corp (Symbol: AM) recently surpassed the average analyst 12-month target price of $13.42, reaching $13.51 per share. When a stock attains this threshold, analysts face a familiar decision – adjust their valuation downwards or recalibrate their target to a higher mark. This pivotal moment of breach is often influenced by substantial business realities driving the stock’s ascent.

Within Zacks coverage, Antero Midstream Corp boasts six distinct analyst targets, amalgamating to form the aforementioned average. However, this figure begs scrutiny, for outliers abound. One analyst forecasts a $12.50 price, while another sets a loftier bar at $14.00. Standard deviation stands at $0.664, painting a vivid picture of the target price’s volatility.

Yet, the essence of examining the average AM target price resides in the concept of collective wisdom – the synthesis of myriad analyst projections to form a unified number. As AM surges past the $13.42/share average, investors are beckoned to evaluate the company anew. Is $13.42 merely a stepping stone towards a grander target, or is caution warranted as the valuation extends beyond reason? Below lies a revealing display of the analysts’ current stance on Antero Midstream Corp:

Recent AM Analyst Ratings Breakdown
Β» Current 1 Month Ago 2 Months Ago 3 Months Ago
Strong buy ratings: 2 2 2 2
Buy ratings: 0 0 0 0
Hold ratings: 3 3 3 3
Sell ratings: 1 1 1 1
Strong sell ratings: 1 1 1 1
Average rating: 2.81 2.81 2.81 2.81

The average rating, depicted in the table’s final row, spans from 1 to 5, where 1 signifies Strong Buy and 5 denotes Strong Sell. This analysis was cultivated utilizing data from Zacks Investment Research via Quandl.com. Access the latest Zacks research report on AM β€” FREE.

nslideshowExplore the Top 25 Broker Analyst Picks of the S&P 500 Β»

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The insights and opinions shared herein reflect those of the author and may not necessarily align with those of Nasdaq, Inc.

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