Antero Midstream Corporation – Consensus Indicates Potential 10.3% Upside

Broker Ratings
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Antero Midstream Corporation found using ticker (AM) now have 7 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 13 and 9 with a mean TP of 10.71. Given that the stocks previous close was at 9.71 this now indicates there is a potential upside of 10.3%. The 50 day moving average now sits at 10.55 and the 200 day MA is 10.19. The company has a market cap of $4,875m. Company Website: https://www.anteromidstream.com

The potential market cap would be $5,377m based on the market concensus.

Antero Midstream Corporation owns, operates, and develops midstream energy infrastructure. It operates through Gathering and Processing, and Water Handling segments. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collects and processes production from Antero Resources’ wells in West Virginia and Ohio. The Water Handling segment delivers fresh water; and offers pumping stations, water storage, and blending facilities. The company was incorporated in 2013 and is headquartered in Denver, Colorado.

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