Credit Suisse Group started coverage on shares of Antero Midstream Partners (NYSE:AM) in a report issued on Friday morning, MarketBeat Ratings reports. The brokerage issued an outperform rating and a $35.00 target price on the pipeline company’s stock.

Several other brokerages have also recently weighed in on AM. Zacks Investment Research cut shares of Antero Midstream Partners from a hold rating to a sell rating in a research report on Tuesday, November 7th. ValuEngine cut shares of Antero Midstream Partners from a buy rating to a hold rating in a research report on Monday, October 2nd. Robert W. Baird set a $42.00 price objective on shares of Antero Midstream Partners and gave the stock a buy rating in a research note on Sunday, September 10th. TheStreet upgraded shares of Antero Midstream Partners from a c rating to a b rating in a research note on Monday, November 6th. Finally, Mitsubishi UFJ Financial Group reiterated an overweight rating on shares of Antero Midstream Partners in a research note on Friday, November 3rd. Three research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Antero Midstream Partners presently has an average rating of Buy and an average price target of $38.27.

Shares of Antero Midstream Partners (AM) opened at $30.83 on Friday. Antero Midstream Partners has a 52-week low of $25.71 and a 52-week high of $35.74. The firm has a market cap of $5,750.00, a P/E ratio of 21.56, a PEG ratio of 0.86 and a beta of 1.79. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.00 and a quick ratio of 1.00.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Spirit of America Management Corp NY increased its stake in Antero Midstream Partners by 2.0% during the 3rd quarter. Spirit of America Management Corp NY now owns 758,484 shares of the pipeline company’s stock valued at $23,915,000 after purchasing an additional 15,100 shares in the last quarter. Ballentine Partners LLC increased its stake in Antero Midstream Partners by 22.3% during the 3rd quarter. Ballentine Partners LLC now owns 21,385 shares of the pipeline company’s stock valued at $674,000 after purchasing an additional 3,900 shares in the last quarter. Heronetta Management L.P. increased its stake in Antero Midstream Partners by 11.1% during the 3rd quarter. Heronetta Management L.P. now owns 70,300 shares of the pipeline company’s stock valued at $2,217,000 after purchasing an additional 7,000 shares in the last quarter. Center Coast Capital Advisors LP increased its stake in Antero Midstream Partners by 56.4% during the 3rd quarter. Center Coast Capital Advisors LP now owns 134,757 shares of the pipeline company’s stock valued at $1,512,000 after purchasing an additional 48,618 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new position in Antero Midstream Partners during the 3rd quarter valued at approximately $798,000. Hedge funds and other institutional investors own 49.36% of the company’s stock.

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About Antero Midstream Partners

Antero Midstream Partners LP is a limited partnership formed by Antero Resources Corporation (Antero Resources) to own, operate and develop midstream energy assets to service Antero Resources’ production. The Company’s segments include gathering and compression, and water handling and treatment. The gathering and compression segment includes a network of gathering pipelines, compressor stations, and processing and fractionation plants that collect and process natural gas, natural gas liquids (NGLs) and oil from Antero Resources’ wells in West Virginia and Ohio.

Analyst Recommendations for Antero Midstream Partners (NYSE:AM)

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