Wall Street Analysts Are Bullish on EQT Midstream Partners
Analyst ratings for EQT Midstream Partners
EQT Midstream Partners (EQM) has “buy” ratings from 89.0% of analysts surveyed by Reuters. The remaining 11.0% have rated it a “hold” as of June 19, 2017. EQM’s GP (general partner), EQT GP Holdings (EQGP), has “buy” ratings from 60.0% of analysts.
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EQM has seen one rating update since the beginning of 2017. Its average target price of $91.97 implies a 26.7% price return from its June 19, 2017, closing price of $72.59.
EQM’s peers Antero Midstream Partners (AM), Rice Midstream Partners (RMP), and Cone Midstream Partners (CNNX) have “buy” ratings from 100.0%, 61.5%, and 50.0% of analysts, respectively. For an in-depth analysis of AM, be sure to read Why Antero Midstream Looks Attractive amid Midstream Uncertainty.