Barclays (LON:BARC) analyst Christopher Tillett maintained a Hold rating on Antero Midstream (NYSE:AM) on Tuesday, setting a price target of $10, which is approximately 1.94% above the present share price of $9.81.
Tillett expects Antero Midstream to post earnings per share (EPS) of $0.17 for the third quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Antero Midstream, with an average price target of $9.33.
The analysts price targets range from a high of $10 to a low of $8.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $241.79 million and a net profit of $138.73 million. The company's market cap is $4.68 billion.
According to TipRanks.com, Barclays analyst Christopher Tillett is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -1.2% and a 58.51% success rate.
Antero Midstream Corp. owns, operates and develops midstream energy assets to service Antero Resources (NYSE:AR) production and completion activity. It operates through the following segments: Gathering and Processing and Water Handling. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collect and process production from Antero Resources wells in West Virginia and Ohio. The gathering and processing segment also includes equity in earnings from the Company's investments in the Joint Venture and Stonewall. The Water Handling segment includes two independent systems that deliver fresh water from sources including the Ohio River, local reservoirs and several regional waterways. The company was founded on September 23, 2013 and is headquartered in Denver, CO.