Antero Midstream Corporation with ticker code (AM) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 12 and 9 with a mean TP of 10.43. With the stocks previous close at 11.28 this now indicates there is a potential downside of -7.5%. The 50 day moving average now sits at 10.34 while the 200 day moving average is 10.15. The market capitalisation for the company is $5,467m. Company Website: https://www.anteromidstream.com
The potential market cap would be $5,055m 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.
