Equitrans Midstream (ETRN) Stock Forecast & Price Target

$10.43

+1.05 (+11.19%)

(As of 12/1/2023 ET)

Today's Range: $9.32
▼
$10.47
50-Day Range: $8.62
▼
$10.45
52-Week Range: $4.60
▼
$10.48

Volume: 15.65 million shs
Average Volume: 2.87 million shs
Market Capitalization: $4.52 billion

P/E Ratio: 14.29
Dividend Yield: 5.75%
Price Target: $10.19

Equitrans 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

$10.19
-2.26% Downside

High Forecast	$13.00
Average Forecast	$10.19
Low Forecast	$6.00

Type	Current Forecast 12/3/22 to 12/3/23	1 Month Ago 11/3/22 to 11/3/23	3 Months Ago 9/4/22 to 9/4/23	1 Year Ago 12/3/21 to 12/3/22
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$10.19	$10.19	$9.69	$8.69
Predicted Upside	-2.26% Downside	24.85% Upside	22.34% Upside	16.59% Upside

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ETRN 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.

ETRN 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.

Equitrans Midstream Stock vs. The Competition

Type	Equitrans Midstream	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.40	2.57	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	-2.26% Downside	445.51% Upside	2,853.20% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/31/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$14.00 ➝ $13.00	+47.98%
10/5/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy ➝ Buy	$11.50	+23.39%
10/3/2023	Pickering Energy Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Underperform
8/8/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$13.00	+32.52%
6/9/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$9.50 ➝ $11.00	+16.77%
6/8/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$5.00 ➝ $9.00	-5.46%
6/6/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$6.50 ➝ $9.25	-2.73%
6/1/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Peer Perform ➝ Outperform	$11.00	+29.03%
5/31/2023	US Capital Advisors Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Carreker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Overweight
4/21/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform
4/10/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$8.00 ➝ $6.00	+17.19%
12/16/2022	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight	$12.00 ➝ $8.00	+13.31%

(Data available from 12/3/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

ETRN Price Target - Frequently Asked Questions

What is Equitrans Midstream's consensus rating and price target?: According to the issued ratings of 10 analysts in the last year, the consensus rating for Equitrans Midstream stock is Hold based on the current 1 sell rating, 4 hold ratings and 5 buy ratings for ETRN. The average twelve-month price prediction for Equitrans Midstream is $10.19 with a high price target of $13.00 and a low price target of $6.00. Learn more on ETRN's analyst rating history.
Do Wall Street analysts like Equitrans Midstream more than its competitors?: Analysts like Equitrans Midstream less than other Oils/Energy companies. The consensus rating for Equitrans Midstream is Hold while the average consensus rating for oils/energy companies is Moderate Buy. Learn more on how ETRN compares to other companies.
Does Equitrans Midstream's stock price have much upside?: According to analysts, Equitrans Midstream's stock has a predicted upside of 24.85% based on their 12-month stock forecasts.

What analysts cover Equitrans Midstream?: Equitrans Midstream has been rated by Morgan Stanley, Pickering Energy Partners, and The Goldman Sachs Group in the past 90 days.

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This page (NYSE:ETRN) was last updated on 12/3/2023 by MarketBeat.com Staff

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