$28.23
0[0.00%]
At close: Apr 17
$28.23
0[0.00%]
PreMarket: 4:01PM EDT
Summit Midstream Partners
(NYSE:SMLP)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 -20.89% downside for Summit Midstream Partners LP from these 3 analyst ratings.
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
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/15/2023 | SMLP | Buy Now | Summit Midstream Partners | $28.23 | -22.07% | RBC Capital | Elvira Scotto | $25 → $22 | Maintains | Sector Perform | Get Alert |
| 11/29/2022 | SMLP | Buy Now | Summit Midstream Partners | $28.23 | -11.44% | RBC Capital | Elvira Scotto | $23 → $25 | Maintains | Sector Perform | Get Alert |
| 11/15/2022 | SMLP | Buy Now | Summit Midstream Partners | $28.23 | -29.15% | Wells Fargo | Praneeth Satish | $17 → $20 | Maintains | Underweight | Get Alert |
| 10/20/2022 | SMLP | Buy Now | Summit Midstream Partners | $28.23 | -18.53% | RBC Capital | Elvira Scotto | $18 → $23 | Maintains | Sector Perform | Get Alert |
| 09/06/2022 | SMLP | Buy Now | Summit Midstream Partners | $28.23 | -36.24% | RBC Capital | Elvira Scotto | $17 → $18 | Maintains | Sector Perform | Get Alert |
| 05/31/2022 | SMLP | Buy Now | Summit Midstream Partners | $28.23 | -39.78% | RBC Capital | Elvira Scotto | $31 → $17 | Maintains | Sector Perform | Get Alert |
| 04/28/2022 | SMLP | Buy Now | Summit Midstream Partners | $28.23 | -43.32% | Wells Fargo | Praneeth Satish | $14 → $16 | Maintains | Underweight | Get Alert |
| 12/16/2021 | SMLP | Buy Now | Summit Midstream Partners | $28.23 | -14.98% | Wells Fargo | Praneeth Satish | — | Maintains | Underweight | Get Alert |
| 06/24/2021 | SMLP | Buy Now | Summit Midstream Partners | $28.23 | -39.78% | Wells Fargo | Praneeth Satish | — | Maintains | Underweight | Get Alert |
| 05/13/2021 | SMLP | Buy Now | Summit Midstream Partners | $28.23 | -46.87% | Wells Fargo | — | — | Maintains | Underweight | Get Alert |
FAQ
What is the target price for Summit Midstream Partners (SMLP)?
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 -22.07% downside). 0 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Summit Midstream Partners (SMLP)?
The latest analyst rating for Summit Midstream Partners (NYSE: SMLP) was provided by RBC Capital, and Summit Midstream Partners maintained their sector perform rating.
When was the last upgrade for Summit Midstream Partners (SMLP)?
There is no last upgrade for Summit Midstream Partners.
When was the last downgrade for Summit Midstream Partners (SMLP)?
There is no last downgrade for Summit Midstream Partners.
When is the next analyst rating going to be posted or updated for Summit Midstream Partners (SMLP)?
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.
Is the Analyst Rating Summit Midstream Partners (SMLP) correct?
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 $28.23, which is out of the analyst’s predicted range.
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