Antero Midstream GP LP (NASDAQ:AMGP) received a $28.00 price target from equities researchers at Robert W. Baird in a research report issued to clients and investors on Friday. The brokerage presently has a “buy” rating on the stock. Robert W. Baird’s price target suggests a potential upside of 30.96% from the company’s current price.

Several other analysts have also recently commented on the company. Janney Montgomery Scott began coverage on Antero Midstream GP in a research report on Wednesday, May 31st. They issued a “buy” rating and a $27.00 target price for the company. Citigroup Inc. began coverage on Antero Midstream GP in a research report on Wednesday, May 31st. They issued a “neutral” rating and a $24.00 target price for the company. Mitsubishi UFJ Financial Group reaffirmed an “overweight” rating and issued a $30.00 target price on shares of Antero Midstream GP in a research report on Tuesday, May 30th. Morgan Stanley began coverage on Antero Midstream GP in a research report on Tuesday, May 30th. They issued an “overweight” rating and a $28.00 target price for the company. Finally, Raymond James Financial, Inc. began coverage on Antero Midstream GP in a research report on Tuesday, May 30th. They issued a “strong-buy” rating and a $26.00 target price for the company. Four investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Antero Midstream GP has an average rating of “Buy” and a consensus price target of $26.80.

Analyst Recommendations for Antero Midstream GP (NASDAQ:AMGP)

Antero Midstream GP (NASDAQ AMGP) traded up 0.585% during trading on Friday, reaching $21.505. The company had a trading volume of 57,991 shares. The stock has a 50 day moving average price of $21.81 and a 200 day moving average price of $21.81. The firm has a market capitalization of $4.00 billion and a price-to-earnings ratio of 768.036. Antero Midstream GP has a 12 month low of $20.56 and a 12 month high of $22.87.

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About Antero Midstream GP

Antero Midstream GP LP, formerly Antero Resources Midstream Management LLC, owns, operates and develops midstream energy infrastructure. The Company’s segments include gathering and processing and water handling and treatment. The gathering and processing segment consist of long-term, fee-based activities including low-pressure gathering, compression, high-pressure gathering, processing, fractionation, and condensate gathering.

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