S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead

Altus Midstream (ALTM) Stock Forecast & Price Target

Notice: This company has been marked as potentially delisted and may not be actively trading.

Altus Midstream Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 10 Analyst Ratings

Analysts' Consensus Price Target

$7.06
77.86% Upside
High Forecast$11.00
Average Forecast$7.06
Low Forecast$5.00
TypeCurrent Forecast
4/16/23 to 4/15/24
1 Month Ago
3/17/23 to 3/16/24
3 Months Ago
1/16/23 to 1/16/24
1 Year Ago
4/16/22 to 4/16/23
Consensus Rating
Hold
Hold
Hold
N/A
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A
Buy
2 Buy rating(s)
3 Buy rating(s)
1 Buy rating(s)
N/A
Hold
6 Hold rating(s)
6 Hold rating(s)
2 Hold rating(s)
N/A
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
N/A
Consensus Price Target$7.06$7.39$8.67N/A
Predicted Upside77.86% Upside39.98% Upside33.13% UpsideN/A
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ALTM Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ALTM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Altus Midstream Stock vs. The Competition

TypeAltus MidstreamBasic Materials CompaniesS&P 500
Consensus Rating Score
2.30
2.57
2.48
Consensus RatingHoldModerate BuyHold
Predicted Upside71.80% Upside439.10% Upside11.37% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/9/2024KeyCorp
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 Lower TargetOverweight ➝ Overweight$12.00 ➝ $11.00+147.19%
4/3/2024Raymond James
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 UpgradeOutperform ➝ Strong-Buy$9.00+117.39%
3/6/2024Piper Sandler
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 Boost TargetUnderweight ➝ Underweight$4.50 ➝ $5.00+3.95%
3/1/2024Wolfe Research
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 Initiated CoveragePeer Perform
2/26/2024Scotiabank
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 Initiated CoverageSector Perform$6.25+29.94%
2/23/2024Mizuho
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 Reiterated RatingNeutral ➝ Neutral$6.00 ➝ $5.00+7.53%
1/29/2024JPMorgan Chase & Co.
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 Initiated CoverageNeutral$5.00-1.77%
1/22/2024Macquarie
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 Initiated CoverageOutperform$7.30+43.98%
1/10/2024BMO Capital Markets
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 Initiated CoverageMarket Perform$7.00+7.53%
1/10/2024Vertical Research
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 Initiated CoverageHold$8.00+22.89%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 10:13 PM ET.

ALTM Price Target - Frequently Asked Questions

What is Altus Midstream's consensus rating and price target?

According to the issued ratings of 10 analysts in the last year, the consensus rating for Altus Midstream stock is Hold based on the current 1 sell rating, 6 hold ratings, 2 buy ratings and 1 strong buy rating for ALTM. The average twelve-month price prediction for Altus Midstream is $7.06 with a high price target of $11.00 and a low price target of $5.00. Learn more on ALTM's analyst rating history.

Do Wall Street analysts like Altus Midstream more than its competitors?

Analysts like Altus Midstream less than other Basic Materials companies. The consensus rating for Altus Midstream is Hold while the average consensus rating for basic materials companies is Moderate Buy. Learn more on how ALTM compares to other companies.

Is Altus Midstream being upgraded by Wall Street analysts?

Over the previous 90 days, Altus Midstream's stock had 1 upgrade by analysts.

Does Altus Midstream's stock price have much upside?

According to analysts, Altus Midstream's stock has a predicted upside of 38.03% based on their 12-month stock forecasts.

What analysts cover Altus Midstream?

Altus Midstream has been rated by JPMorgan Chase & Co., KeyCorp, Macquarie, Mizuho, Piper Sandler, Raymond James, Scotiabank, and Wolfe Research in the past 90 days.


Stock Ratings Reports and Tools

This page (NASDAQ:ALTM) was last updated on 4/15/2024 by MarketBeat.com Staff

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