▲ +11.99% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for EQM Midstream Partners in the last 3 months. The average price target is $24.00, with a high forecast of $27.00 and a low forecast of $21.00. The average price target represents a 11.99% upside from the last price of $21.43.
The current consensus among 1 polled investment analysts is to hold stock in EQM Midstream Partners. This rating has held steady since November 2019, when it changed from a Buy consensus rating.
EQM Midstream Partners, LP owns, operates, acquires, and develops midstream assets in the Appalachian Basin. It operates through three segments: Gathering, Transmission, and Water. As of December 31, 2018, the company owned approximately 700 miles of high-pressure gathering lines and 1,500 miles of Federal Energy Regulatory Commission (FERC) regulated low-pressure gathering lines; approximately 950 miles of FERC regulated interstate pipelines; and approximately 160 miles of pipelines. It serves local distribution companies, marketers, producers, utilities, and other customers primarily in Pennsylvania, West Virginia, and Ohio. The company was formerly known as EQT Midstream Partners, LP and changed its name to EQM Midstream Partners, LP in October 2018. EQM Midstream Partners, LP is headquartered in Pittsburgh, Pennsylvania.