A statement released earlier today by Stifel about EQT Midstream Partners (NYSE:EQM) bumps the target price to $82.00
- Updated: October 13, 2016
Boasting a price of $77.19, EQT Midstream Partners (NYSE:EQM) traded 0.00% even on the day. With the last stock price close up 0.90% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. EQT Midstream Partners has recorded a 50-day average of $77.34 and a two hundred day average of $76.50. Volume of trade was down over the average, with 0 shares of EQM changing hands under the typical 245,054
Stifel bumped up the target of EQT Midstream Partners (NYSE:EQM) to $82.00 stating a potential upside of 0.06%.
On 10/05/2016, Zacks Investment Research released a statement for EQT Midstream Partners (NYSE:EQM) bumped up the target price from $0.00 to $85.00 that suggested an upside of 0.12%.
With a total market value of $0, EQT Midstream Partners has price-earnings ratio of 15.27 with a one year low of $56.52 and a one year high of $80.63 .
A total of 14 equity analysts have released a ratings update on EQM. Five equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $90.82.
Brief Synopsis About EQT Midstream Partners (NYSE:EQM)
EQT Midstream Partners, LP (EQM) owns, operates, acquires and develops midstream assets in the Appalachian Basin. The Company operates through two segments: Transmission and storage, which includes its Federal Energy Regulatory Commission (FERC)-regulated interstate pipeline and storage business, and Gathering, which includes high pressure gathering lines and the FERC-regulated low pressure gathering system. It provides midstream services to EQT Corporation (EQT) and multiple third parties across 20 counties in Pennsylvania and West Virginia through its approximately two assets, such as the transmission and storage system, which serves as a header system transmission pipeline, and the gathering system, which delivers natural gas from wells and other receipt points to transmission pipelines. The Company provides transmission and storage services in over two manners, such as firm service and interruptible service.
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