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Western Midstream Partners LP has a consensus price target of $34 based on the ratings of 16 analysts. The high is $41 issued by RBC Capital on October 16, 2024. The low is $27 issued by B of A Securities on December 13, 2023. The 3 most-recent analyst ratings were released by UBS, Morgan Stanley, and RBC Capital on November 15, 2024, October 25, 2024, and October 16, 2024, respectively. With an average price target of $39.33 between UBS, Morgan Stanley, and RBC Capital, there's an implied 3.93% upside for Western Midstream Partners LP from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Western Midstream (NYSE:WES) was reported by UBS on November 15, 2024. The analyst firm set a price target for $37.00 expecting WES to fall to within 12 months (a possible -2.23% downside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Western Midstream (NYSE:WES) was provided by UBS, and Western Midstream maintained their neutral rating.
The last upgrade for Western Midstream Partners LP happened on April 18, 2024 when Wolfe Research raised their price target to N/A. Wolfe Research previously had an underperform for Western Midstream Partners LP.
The last downgrade for Western Midstream Partners LP happened on October 25, 2024 when Morgan Stanley changed their price target from $42 to $40 for Western Midstream Partners LP.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Western Midstream, 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 Western Midstream was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest Western Midstream (WES) rating was a maintained with a price target of $40.00 to $37.00. The current price Western Midstream (WES) is trading at is $37.85, which is out of the analyst’s predicted range.
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