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Summit Midstream Partners - SMLP Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $21.00
  • Forecasted Upside: 37.08%
  • Number of Analysts: 2
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$15.32 As of 03/24/2023 01:00 AM ET
▼ -0.3 (-1.92%)

This chart shows the closing price for SMLP by one month, three months, or twelve months.

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Analyst Price Target for SMLP

Analyst Price Target is $21.00
▲ +37.08% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Summit Midstream Partners in the last 3 months. The average price target is $21.00, with a high forecast of $22.00 and a low forecast of $20.00. The average price target represents a 37.08% upside from the last price of $15.32.

This chart shows the closing price for SMLP for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 2 investment analysts is to hold stock in Summit Midstream Partners. This rating has held steady since August 2022, when it changed from a Sell consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
10/1/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
12/30/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
3/30/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
6/28/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
9/26/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
12/25/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
2/23/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
3/25/2023

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/15/2023Royal Bank of CanadaLower TargetSector Perform$25.00 ➝ $22.00Low
11/15/2022Wells Fargo & CompanyBoost TargetUnderweight$17.00 ➝ $20.00Low
10/20/2022Royal Bank of CanadaBoost TargetSector Perform$18.00 ➝ $23.00Low
9/6/2022Royal Bank of CanadaBoost TargetSector Perform$17.00 ➝ $18.00Low
5/31/2022Royal Bank of CanadaLower Target$31.00 ➝ $17.00High
12/16/2021Wells Fargo & CompanyBoost TargetUnderweight$20.00 ➝ $24.00High
6/24/2021Wells Fargo & CompanyBoost TargetUnderweight$15.00 ➝ $17.00Medium
6/22/2021Royal Bank of CanadaBoost TargetSector Perform$20.00 ➝ $26.00High
5/13/2021Wells Fargo & CompanyBoost TargetUnderweight$14.00 ➝ $15.00High
2/1/2021US Capital AdvisorsUpgradeSell ➝ HoldHigh
8/18/2020Royal Bank of CanadaReiterated RatingHold$15.00High
7/22/2020Wells Fargo & CompanyReiterated RatingUnderweight$15.00Medium
4/21/2020US Capital AdvisorsDowngradeHold ➝ SellHigh
1/7/2020Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$52.50Low
12/19/2019BarclaysReiterated RatingSell$45.00Low
12/9/2019Wells Fargo & CompanyReiterated RatingHoldHigh
10/16/2019BarclaysReiterated RatingSell$60.00Low
10/15/2019SunTrust BanksLower TargetHold$105.00 ➝ $90.00Low
8/19/2019Royal Bank of CanadaLower TargetMarket Perform$90.00Low
8/16/2019Credit Suisse GroupSet TargetSell$75.00Low
8/12/2019Wells Fargo & CompanySet TargetHold$90.00Medium
7/18/2019BarclaysReiterated RatingSell$90.00Medium
6/19/2019CitigroupDowngradeBuy ➝ Neutral$195.00 ➝ $97.50Medium
4/29/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$255.00 ➝ $150.00High
3/14/2019Credit Suisse GroupDowngradeOutperform ➝ Underperform$225.00 ➝ $135.00High
3/7/2019Robert W. BairdDowngradeOutperform ➝ Neutral$345.00 ➝ $150.00High
3/4/2019Wells Fargo & CompanyReiterated RatingHold$150.00 ➝ $240.00Medium
11/20/2018Credit Suisse GroupSet TargetOutperform ➝ Outperform$270.00 ➝ $225.00Medium
11/12/2018CitigroupSet TargetBuy$255.00Low
10/11/2018Credit Suisse GroupInitiated CoverageOutperform$270.00Low
10/8/2018The Goldman Sachs GroupUpgradeNeutral ➝ Buy$285.00Low
9/24/2018Wells Fargo & CompanyLower TargetMarket Perform ➝ Hold$270.00 ➝ $240.00High
8/29/2018BarclaysBoost TargetUnderweight ➝ Underweight$240.00 ➝ $255.00Low
8/7/2018Royal Bank of CanadaReiterated RatingBuy$300.00Low
8/5/2018SunTrust BanksSet TargetHold$285.00Low
6/12/2018BarclaysBoost TargetUnderweight ➝ Underweight$225.00 ➝ $240.00Medium
5/7/2018Wells Fargo & CompanyDowngradeOutperform ➝ Market Perform$240.00Medium
4/22/2018SunTrust BanksSet TargetHold$255.00Low
4/19/2018Deutsche Bank AktiengesellschaftInitiated CoverageHold$255.00Medium
4/17/2018BarclaysLower TargetUnderweight ➝ Underweight$315.00 ➝ $225.00Low
4/6/2018US Capital AdvisorsUpgradeSell ➝ HoldMedium
3/27/2018CitigroupUpgradeNeutral ➝ BuyMedium
(Data available from 3/26/2018 forward)

News Sentiment Rating

0.29 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2022
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2022
  • 4 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2022
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2022
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2023
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2023

Current Sentiment

  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Summit Midstream Partners logo
Summit Midstream Partners LP engages in the development, ownership, and operation of midstream energy infrastructure assets that are located in unconventional resource basins, primarily shale formations. It operates through the following segments: Utica Shale, Ohio Gathering, Williston Basin, DJ Basin, Permian Basin, Piceance Basin, Barnett Shale, and Marcellus Shale. The company was founded by Steven J. Newby in May 2012 and is headquartered in Houston, TX.
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Today's Range

Now: $15.32
Low: $15.25
High: $15.90

50 Day Range

MA: $17.07
Low: $15.32
High: $18.95

52 Week Range

Now: $15.32
Low: $11.52
High: $21.49

Volume

12,859 shs

Average Volume

31,278 shs

Market Capitalization

$155.96 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.39

Frequently Asked Questions

What sell-side analysts currently cover shares of Summit Midstream Partners?

The following sell-side analysts have issued reports on Summit Midstream Partners in the last year: Royal Bank of Canada, StockNews.com, and Wells Fargo & Company.
View the latest analyst ratings for SMLP.

What is the current price target for Summit Midstream Partners?

2 Wall Street analysts have set twelve-month price targets for Summit Midstream Partners in the last year. Their average twelve-month price target is $21.00, suggesting a possible upside of 37.1%. Royal Bank of Canada has the highest price target set, predicting SMLP will reach $22.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $20.00 for Summit Midstream Partners in the next year.
View the latest price targets for SMLP.

What is the current consensus analyst rating for Summit Midstream Partners?

Summit Midstream Partners currently has 1 sell rating and 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SMLP, but not buy more shares or sell existing shares.
View the latest ratings for SMLP.

What other companies compete with Summit Midstream Partners?

Other companies that are similar to Summit Midstream Partners include NGL Energy Partners, Iris Energy, PrimeEnergy Resources, BP Prudhoe Bay Royalty Trust and CSI Compressco. Learn More about companies similar to Summit Midstream Partners.

How do I contact Summit Midstream Partners' investor relations team?

Summit Midstream Partners' physical mailing address is 910 LOUISIANA STREET SUITE 4200, HOUSTON TX, 77002. The pipeline company's listed phone number is (832) 413-4770 and its investor relations email address is [email protected] The official website for Summit Midstream Partners is www.summitmidstream.com. Learn More about contacing Summit Midstream Partners investor relations.