Summit Midstream Partners
(NYSE:SMLP)
$28.58
0[0.00%]
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Consensus Rating1
Underweight
Highest Price Target1
$22.00
Lowest Price Target1
$15.00
Consensus Price Target1
$19.00

Summit Midstream Partners Stock (NYSE:SMLP), Analyst Ratings, Price Targets, Predictions

Summit Midstream Partners LP has a consensus price target of $19, established from looking at the 10 latest analyst ratings. The last 3 analyst ratings were released from RBC Capital, RBC Capital, and Wells Fargo on March 15, 2023, November 29, 2022, and November 15, 2022. With an average price target of $22.33 between RBC Capital, RBC Capital, and Wells Fargo, there's an implied -21.86% downside for Summit Midstream Partners LP from these 3 analyst ratings.

Analyst Rating
12345
1.7
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
Wells Fargo
Wells Fargo

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Summit Midstream Partners

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FAQ

Q

What is the target price for Summit Midstream Partners (SMLP)?

A

The latest price target for Summit Midstream Partners (NYSE: SMLP) was reported by RBC Capital on March 15, 2023. The analyst firm set a price target for $22.00 expecting SMLP to fall to within 12 months (a possible -23.02% downside). 0 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Summit Midstream Partners (SMLP)?

A

The latest analyst rating for Summit Midstream Partners (NYSE: SMLP) was provided by RBC Capital, and Summit Midstream Partners maintained their sector perform rating.

Q

When was the last upgrade for Summit Midstream Partners (SMLP)?

A

There is no last upgrade for Summit Midstream Partners.

Q

When was the last downgrade for Summit Midstream Partners (SMLP)?

A

There is no last downgrade for Summit Midstream Partners.

Q

When is the next analyst rating going to be posted or updated for Summit Midstream Partners (SMLP)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Summit Midstream Partners, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Summit Midstream Partners was filed on March 15, 2023 so you should expect the next rating to be made available sometime around March 15, 2024.

Q

Is the Analyst Rating Summit Midstream Partners (SMLP) correct?

A

While ratings are subjective and will change, the latest Summit Midstream Partners (SMLP) rating was a maintained with a price target of $25.00 to $22.00. The current price Summit Midstream Partners (SMLP) is trading at is $28.58, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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