why Antero Midstream Corp [AM] is a Good Choice for Investors After New Price Target of $15.50

TANH

Antero Midstream Corp [NYSE: AM] price surged by 0.25 percent to reach at $0.04.

The one-year AM stock forecast points to a potential downside of -4.32. The average equity rating for AM stock is currently 3.56, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Antero Midstream Corp [AM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AM shares is $15.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AM stock is a recommendation set at 3.56. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wells Fargo have made an estimate for Antero Midstream Corp shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on December 18, 2024. While these analysts kept the previous recommendation, Tudor Pickering Holt & Co. raised their target price from $12 to $13. The new note on the price target was released on March 12, 2024, representing the official price target for Antero Midstream Corp stock. Previously, the target price had yet another raise to $12.50, while Goldman analysts kept a Neutral rating on AM stock.

The Average True Range (ATR) for Antero Midstream Corp is set at 0.33, with the Price to Sales ratio for AM stock in the period of the last 12 months amounting to 6.77. The Price to Book ratio for the last quarter was 3.65, with the Price to Cash per share for the same quarter was set at 0.00. Price to Free Cash Flow for AM in the course of the last twelve months was 12.32 with Quick ratio for the last quarter at 1.09.

AM Stock Performance Analysis:

Antero Midstream Corp [AM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.52. With this latest performance, AM shares gained by 7.37% in over the last four-week period, additionally plugging by 10.00% over the last 6 months – not to mention a rise of 31.89% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AM stock in for the last two-week period is set at 66.27, with the RSI for the last a single of trading hit 72.98, and the three-weeks RSI is set at 62.09 for Antero Midstream Corp [AM]. The present Moving Average for the last 50 days of trading for this stock 15.30, while it was recorded at 15.84 for the last single week of trading, and 14.76 for the last 200 days.

Insight into Antero Midstream Corp Fundamentals:

Antero Midstream Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.09 and a Current Ratio set at 1.09.

AM Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Antero Midstream Corp go to 7.00%.

Antero Midstream Corp [AM] Institutonal Ownership Details

There are presently around $56.65%, or 80.98%% of AM stock, in the hands of institutional investors. The top three institutional holders of AM stocks are: BLACKROCK INC. with ownership of 38.86 million shares, which is approximately 8.097%. VANGUARD GROUP INC, holding 35.61 million shares of the stock with an approximate value of $$524.94 million in AM stocks shares; and VANGUARD GROUP INC, currently with $$467.92 million in AM stock with ownership which is approximately 6.6149%.