Antero Midstream Partners LP (NYSE:AM) price target raised to $35.50 by Citigroup

ME Staff
-
0

Analyst Ratings For Antero Midstream Partners LP (NYSE:AM)

Today, Citigroup raised its price target on Antero Midstream Partners LP (NYSE:AM) to $35.50 per share.

There are 10 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Antero Midstream Partners LP (NYSE:AM) is Buy with a consensus target price of $35.0556 per share, a potential 9.00% upside.

Some recent analyst ratings include

  • 4/9/2018-Seaport Global Securities was Downgraded by analysts at Seaport Global Securities from a “Buy ” rating to a ” Neutral” rating. They now have a $25.00 price target on the stock, up previously from $37.00 .
  • 3/14/2018-JPMorgan Chase & Co. Reiterated Rating of Overweight .
  • 1/17/2018-Stifel Nicolaus Reiterated Rating of Buy .

Recent Insider Trading Activity For Antero Midstream Partners LP (NYSE:AM)
Antero Midstream Partners LP (NYSE:AM) has insider ownership of 7.91% and institutional ownership of 48.00%.

  • On 9/11/2017 Resources Corp Antero, Major Shareholder, sold 10,000,000 with an average share price of $31.11 per share and the total transaction amounting to $311,100,000.00.
  • On 6/13/2016 Michael N Kennedy, Insider, sold 13,274 with an average share price of $25.65 per share and the total transaction amounting to $340,478.10.
  • On 5/5/2016 Michael N Kennedy, Insider, sold 2,335 with an average share price of $25.05 per share and the total transaction amounting to $58,491.75.
  • On 3/30/2016 Resources Corp Antero, Major Shareholder, sold 8,000,000 with an average share price of $22.25 per share and the total transaction amounting to $178,000,000.00.
  • On 11/10/2014 Alvyn A Schopp, VP, bought 6,000 with an average share price of $25.00 per share and the total transaction amounting to $150,000.00.
  • On 11/10/2014 Glen C Warren Jr, CFO, bought 40,000 with an average share price of $25.00 per share and the total transaction amounting to $1,000,000.00.
  • On 11/10/2014 Richard W Connor, Director, bought 5,000 with an average share price of $25.00 per share and the total transaction amounting to $125,000.00.

About Antero Midstream Partners LP (NYSE:AM)
Antero Midstream Partners LP owns, operates, and develops midstream energy assets. The company operates in two segments, Gathering and Processing, and Water Handling and Treatment. Its assets include 8-, 12-, 16-, 20-, 24-, and 30-inch high and low pressure gathering pipelines, compressor stations, and processing and fractionation plants that collect and process natural gas, natural gas liquids, and crude oil from wells in the Marcellus Shale in West Virginia and the Utica Shale in Ohio; and water handling and treatment assets, which comprise two independent fresh water delivery systems that deliver fresh water from the Ohio River and several regional waterways, as well as wastewater handling services for well completion operations. As of December 31, 2017, the company's Marcellus and Utica Shale water handling and treatment systems included 190 miles and 83 miles of pipelines, respectively; and gathering systems comprised 242 miles and 123 miles of pipelines, respectively. Antero Midstream Partners GP LLC serves as the general partner of the company. The company was founded in 2013 and is headquartered in Denver, Colorado. Antero Midstream Partners LP is a subsidiary of Antero Resources Corporation.

Recent Trading Activity for Antero Midstream Partners LP (NYSE:AM)
Shares of Antero Midstream Partners LP closed the previous trading session at 32.16 up +0.42 1.32% with shares trading hands.