Analysts at Robert W. Baird Reiterated their Past ‘Buy’ rating on Shares Antero Resources Midstream Management Llc (AMGP), Set a $36.0 TP

April 17, 2018 - By reb123z

Antero Resources Midstream Management Llc (AMGP) Rating Reaffirmed

The financial firm has just set a price target of $36.0 on Antero Resources Midstream Management Llc (AMGP) shares. This is 110.16 % from the previous stock close. In an analyst note released on Thursday morning, Robert W. Baird reconfirmed 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. Robert W. Baird maintained Antero Midstream GP LP (NYSE:AMGP) on Thursday, December 21 with “Buy” rating. On Friday, January 5 the stock rating was upgraded by Goldman Sachs to “Buy”. The stock has “Buy” rating by Robert W. Baird on Tuesday, January 2. Robert W. Baird maintained Antero Midstream GP LP (NYSE:AMGP) on Monday, April 9 with “Buy” rating. The rating was downgraded by Seaport Global to “Neutral” on Monday, April 9. As per Wednesday, February 7, the company rating was maintained by Robert W. Baird. On Wednesday, January 17 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. Morgan Stanley maintained it with “Overweight” rating and $25 target in Friday, November 17 report. Morgan Stanley maintained Antero Midstream GP LP (NYSE:AMGP) on Friday, March 16 with “Overweight” rating. The rating was upgraded by Citigroup on Wednesday, December 6 to “Buy”.

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 EPS 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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