Zacks: Brokerages Set $25.80 Price Target for Equitrans Midstream (ETRN)

Equitrans Midstream (NASDAQ:ETRN) has received an average broker rating score of 1.75 (Buy) from the four analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating on the company.

Brokerages have set a 1 year consensus price target of $25.80 for the company, according to Zacks. Zacks has also assigned Equitrans Midstream an industry rank of 101 out of 257 based on the ratings given to its competitors.

A number of equities analysts have recently issued reports on the company. Jefferies Financial Group assumed coverage on Equitrans Midstream in a research note on Friday, November 9th. They issued a “buy” rating on the stock. US Capital Advisors assumed coverage on Equitrans Midstream in a research note on Wednesday, November 14th. They issued an “overweight” rating on the stock. LADENBURG THALM/SH SH assumed coverage on Equitrans Midstream in a research note on Monday, November 19th. They issued a “buy” rating and a $26.00 price target on the stock. Wolfe Research assumed coverage on Equitrans Midstream in a research note on Tuesday, November 20th. They issued an “outperform” rating and a $25.00 price target on the stock. Finally, Wells Fargo & Co assumed coverage on Equitrans Midstream in a research note on Tuesday, November 13th. They issued a “market perform” rating and a $23.00 price target on the stock.

ETRN stock opened at $22.13 on Thursday. Equitrans Midstream has a 1 year low of $19.50 and a 1 year high of $23.47.

Equitrans Midstream Company Profile

Equitrans Midstream Corp. is a wholly-owned subsidiary of EQT. It doesn’t have business operations. The company was founded on February 21, 2018 and is headquartered in Canonsburg, PA.

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Analyst Recommendations for Equitrans Midstream (NASDAQ:ETRN)

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