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Equities researchers at Barclays lifted their target price on shares of EQT Midstream Partners (NYSE:EQM) from $81.00 to $114.00 in a research report issued on Monday. The firm currently has an “overweight” rating on the stock. Barclays’ price target suggests a potential upside of 23.43% from the company’s current price.

A number of other firms have also recently commented on EQM. Analysts at Credit Suisse reiterated a “neutral” rating on shares of EQT Midstream Partners in a research note on Friday. They now have a $100.00 price target on the stock, up previously from $98.00. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of EQT Midstream Partners in a research note on Friday. They now have a $105.00 price target on the stock, up previously from $78.00. Finally, analysts at Oppenheimer raised their price target on shares of EQT Midstream Partners from $84.00 to $109.00 in a research note on Wednesday, July 23rd. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. EQT Midstream Partners has an average rating of “Buy” and a consensus target price of $94.59.

EQT Midstream Partners (NYSE:EQM) traded up 0.73% on Monday, hitting $93.03. 55,267 shares of the company’s stock traded hands. EQT Midstream Partners has a 1-year low of $43.62 and a 1-year high of $102.51. The stock has a 50-day moving average of $94.38 and a 200-day moving average of $76.01. The company has a market cap of $5.646 billion and a price-to-earnings ratio of 34.09. EQT Midstream Partners also was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totalling 951,524 shares, a growth of 70.4% from the June 13th total of 558,474 shares. Currently, 2.6% of the company’s shares are sold short. Based on an average daily volume of 776,703 shares, the short-interest ratio is currently 1.2 days.

EQT Midstream Partners (NYSE:EQM) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.81 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.83 by $0.02. The company had revenue of $91.57 million for the quarter, compared to the consensus estimate of $576.62 million. During the same quarter in the prior year, the company posted $0.50 earnings per share. The company’s quarterly revenue was up 21.2% on a year-over-year basis. On average, analysts predict that EQT Midstream Partners will post $3.25 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Thursday, August 14th. Stockholders of record on Tuesday, August 5th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend is Friday, August 1st. This is a boost from EQT Midstream Partners’s previous quarterly dividend of $0.49.

EQT Midstream Partners, LP owns, operates, acquires and develops midstream assets in the Appalachian Basin.

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