.jpg "Summit Midstream (NYSE: SMLP)")
Barclays analyst Christopher Tillett maintained a Sell rating on Summit Midstream (SMLP) yesterday and set a price target of $4.00. The company’s shares closed last Monday at $4.58, close to its 52-week low of $4.33.
According to TipRanks.com, Tillett is a 2-star analyst with an average return of 1.5% and a 38.9% success rate. Tillett covers the Basic Materials sector, focusing on stocks such as Antero Midstream Corporation, Western Midstream Partners, and Dcp Midstream Partners Lp.
Summit Midstream has an analyst consensus of Moderate Sell, with a price target consensus of $5.00.
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Summit Midstream’s market cap is currently $378.8M and has a P/E ratio of 11.00. The company has a Price to Book ratio of 0.47.
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Summit Midstream Partners LP is a limited partnership focused on owning and operating midstream energy infrastructure that is strategically located in the core producing areas of unconventional resource basins, primarily shale formations, in North America.
