Antero Midstream Corporation – Consensus Indicates Potential -.7% Downside

Broker Ratings
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Antero Midstream Corporation with ticker code (AM) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 13 and 9 with a mean TP of 10.83. With the stocks previous close at 10.91 this indicates there is a potential downside of -.7%. The 50 day MA is 10.22 while the 200 day moving average is 10.19. The market capitalisation for the company is $5,239m. You can visit the company’s website by visiting: https://www.anteromidstream.com

The potential market cap would be $5,201m 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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