Analyst Price Target is $8.61
▲ +21.63% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Equitrans Midstream in the last 3 months. The average price target is $8.61, with a high forecast of $12.00 and a low forecast of $6.50. The average price target represents a 21.63% upside from the last price of $7.08.
Current Consensus is
The current consensus among 11 polled investment analysts is to hold stock in Equitrans Midstream. This Hold consensus rating has held steady for over two years.
Equitrans Midstream Corporation owns, operates, acquires, and develops natural gas gathering, transmission and storage, and water services assets in the Appalachian Basin. It operates through three segments: Gathering System, Transmission and Storage System, and Water Service System. The Gathering System segment include 1,130 miles of high-pressure gathering lines with compression of approximately 485,000 horsepower and multiple interconnect points; and approximately 910 miles of Federal Energy Regulatory Commission (FERC) low-pressure gathering lines. The Transmission and Storage System segment comprises 950 miles of FERC regulated interstate pipeline that connects to seven interstate pipelines and local distribution companies. The Water Service System segment include two independent systems comprised approximately 200 miles of pipeline that deliver fresh water from the Monongahela River, the Ohio River, local reservoirs, and various regional waterways. Equitrans Midstream Corporation was incorporated in 2018 and is headquartered in Canonsburg, Pennsylvania.