Scotiabank reissued their hold rating on shares of Antero Midstream GP LP (NASDAQ:AMGP) in a research note published on Wednesday. They currently have a $24.00 price target on the stock.

AMGP has been the subject of several other research reports. Morgan Stanley reissued an overweight rating on shares of Antero Midstream GP in a research note on Tuesday, September 5th. Goldman Sachs Group, Inc. (The) lowered shares of Antero Midstream GP from a buy rating to a neutral rating and lowered their price objective for the company from $29.00 to $23.00 in a research note on Friday, September 8th. Zacks Investment Research raised shares of Antero Midstream GP from a sell rating to a hold rating in a research note on Tuesday, August 22nd. Stifel Nicolaus set a $24.00 price objective on shares of Antero Midstream GP and gave the company a hold rating in a research note on Thursday, August 3rd. Finally, Robert W. Baird set a $28.00 price objective on shares of Antero Midstream GP and gave the company a buy rating in a research note on Friday, June 16th. Five investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. Antero Midstream GP has a consensus rating of Buy and a consensus price target of $26.27.

Antero Midstream GP (AMGP) traded up 0.80% during midday trading on Wednesday, reaching $20.18. 52,441 shares of the company’s stock traded hands. The company has a market capitalization of $3.76 billion and a price-to-earnings ratio of 695.86. Antero Midstream GP has a 1-year low of $17.66 and a 1-year high of $22.87. The firm’s 50-day moving average is $19.27 and its 200-day moving average is $20.74.

ILLEGAL ACTIVITY WARNING: “Antero Midstream GP LP (AMGP) Given “Hold” Rating at Scotiabank” was first posted by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece of content can be viewed at https://www.watchlistnews.com/antero-midstream-gp-lp-amgp-given-hold-rating-at-scotiabank/1610855.html.

Institutional investors have recently modified their holdings of the stock. Artisan Partners Limited Partnership purchased a new position in Antero Midstream GP in the second quarter worth approximately $12,415,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Antero Midstream GP in the second quarter worth approximately $6,876,000. Russell Investments Group Ltd. purchased a new position in Antero Midstream GP in the second quarter worth approximately $3,535,000. Atlantic Trust Group LLC purchased a new position in Antero Midstream GP in the second quarter worth approximately $27,611,000. Finally, Cbre Clarion Securities LLC purchased a new position in Antero Midstream GP in the second quarter worth approximately $2,411,000.

About Antero Midstream GP

Antero Midstream GP LP, formerly Antero Resources Midstream Management LLC, owns, operates and develops midstream energy infrastructure. The Company’s segments include gathering and processing and water handling and treatment. The gathering and processing segment consist of long-term, fee-based activities including low-pressure gathering, compression, high-pressure gathering, processing, fractionation, and condensate gathering.

Analyst Recommendations for Antero Midstream GP (NASDAQ:AMGP)

Receive News & Ratings for Antero Midstream GP LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antero Midstream GP LP and related companies with Analyst Ratings Network's FREE daily email newsletter.