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Altus Midstream - ALTM Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $5.21
  • Forecasted Upside: -4.10%
  • Number of Analysts: 16
  • Breakdown:
  • 1 Sell Ratings
  • 12 Hold Ratings
  • 2 Buy Ratings
  • 1 Strong Buy Ratings
$5.43 As of 10/29/2024 01:00 AM ET
▼ -0.05 (-0.91%)
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Analyst Price Target for ALTM

Analyst Price Target is $5.21
▼ -4.10% Downside Potential
This price target is based on 16 analysts offering 12 month price targets for Altus Midstream in the last 3 months. The average price target is $5.21, with a high forecast of $9.00 and a low forecast of $3.00. The average price target represents a -4.10% upside from the last price of $5.43.

This chart shows the closing price for ALTM for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Hold

The current consensus among 16 contributing investment analysts is to hold stock in Altus Midstream. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 2 buy ratings
  • 12 hold ratings
  • 1 sell ratings
Ratings as of
5/9/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 12 hold ratings
  • 1 sell ratings
Ratings as of
8/7/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 12 hold ratings
  • 1 sell ratings
Ratings as of
11/5/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 12 hold ratings
  • 1 sell ratings
Ratings as of
2/3/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 12 hold ratings
  • 1 sell ratings
Ratings as of
5/3/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 12 hold ratings
  • 1 sell ratings
Ratings as of
8/1/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 12 hold ratings
  • 1 sell ratings
Ratings as of
9/30/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 12 hold ratings
  • 1 sell ratings
Ratings as of
10/30/2024

Latest Recommendations

  • 1 strong buy ratings
  • 2 buy ratings
  • 12 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/15/2024MacquarieReiterated RatingOutperform ➝ Neutral$5.85
10/11/2024KeyCorpReiterated RatingOverweight ➝ Sector Weight$8.00 ➝ $8.00
10/10/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$4.00 ➝ $5.85
10/10/2024HSBCReiterated RatingBuy ➝ Hold
10/7/2024MizuhoBoost TargetNeutral ➝ Neutral$3.00 ➝ $4.30
9/20/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$3.10 ➝ $3.10
9/5/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$3.60 ➝ $3.60
9/3/2024UBS GroupInitiated CoverageNeutral$3.00
8/22/2024Deutsche Bank AktiengesellschaftInitiated CoverageHold$3.00
8/21/2024Piper SandlerLower TargetUnderweight ➝ Underweight$3.75 ➝ $3.25
8/9/2024KeyCorpLower TargetOverweight ➝ Overweight$9.00 ➝ $8.00
8/8/2024ScotiabankLower TargetSector Perform ➝ Sector Perform$5.50 ➝ $4.00
7/10/2024KeyCorpLower TargetOverweight ➝ Overweight$11.00 ➝ $9.00
6/27/2024The Goldman Sachs GroupInitiated CoverageNeutral$4.30
6/26/2024Royal Bank of CanadaInitiated CoverageOutperform$4.00
6/25/2024Piper SandlerLower TargetUnderweight ➝ Underweight$5.00 ➝ $3.75
5/15/2024BMO Capital MarketsLower TargetMarket Perform ➝ Market Perform$6.00 ➝ $5.50
5/3/2024ArgusInitiated CoverageBuy$6.25
4/9/2024KeyCorpLower TargetOverweight ➝ Overweight$12.00 ➝ $11.00
4/3/2024Raymond JamesUpgradeOutperform ➝ Strong-Buy$9.00
3/6/2024Piper SandlerBoost TargetUnderweight ➝ Underweight$4.50 ➝ $5.00
3/1/2024Wolfe ResearchInitiated CoveragePeer Perform
2/26/2024ScotiabankInitiated CoverageSector Perform$6.25
2/26/2024KeyCorpLower TargetOverweight ➝ Overweight$13.00 ➝ $12.00
2/23/2024MizuhoReiterated RatingNeutral ➝ Neutral$6.00 ➝ $5.00
2/7/2024Piper SandlerInitiated CoverageUnderweight$4.50
1/29/2024JPMorgan Chase & Co.Initiated CoverageNeutral$5.00
1/23/2024MizuhoLower TargetNeutral ➝ Neutral$8.00 ➝ $6.00
1/22/2024MacquarieInitiated CoverageOutperform$7.30
1/10/2024BMO Capital MarketsInitiated CoverageMarket Perform$7.00
1/10/2024Vertical ResearchInitiated CoverageHold$8.00
1/5/2024Raymond JamesLower TargetOutperform ➝ Outperform$30.00 ➝ $11.00
12/11/2020Credit Suisse GroupBoost TargetUnderperform$10.00 ➝ $45.00
12/4/2020BarclaysBoost TargetUnderweight$12.00 ➝ $24.00
4/1/2020Credit Suisse GroupDowngradeNeutral ➝ Underperform
3/24/2020BarclaysDowngradeEqual Weight ➝ Underweight
3/13/2020US Capital AdvisorsDowngradeOverweight ➝ Hold
10/31/2019Credit Suisse GroupDowngradeOutperform ➝ Neutral
(Data available from 10/30/2019 forward)

News Sentiment Rating

0.87 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 6 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/3/2024
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
5/3/2024
  • 3 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/2/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/2/2024
  • 5 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/1/2024
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/31/2024
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/30/2024
  • 20 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/30/2024

Current Sentiment

  • 20 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
Altus Midstream logo
Altus Midstream Co. engages in the ownership of gas gathering, processing, and transmission assets. It focuses on the Permian Basin of West Texas. The company was founded on December 12, 2016 and is headquartered in Houston, TX.
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Today's Range

Now: $5.43
Low: $5.43
High: $5.48

50 Day Range

MA: $35.90
Low: $31.88
High: $62.35

52 Week Range

Now: $5.43
Low: $49.69
High: $91.00

Volume

13,142,712 shs

Average Volume

46,108,332 shs

Market Capitalization

$5.84 billion

P/E Ratio

7.99

Dividend Yield

N/A

Beta

1.61

Frequently Asked Questions

What sell-side analysts currently cover shares of Altus Midstream?

The following equities research analysts have issued stock ratings on Altus Midstream in the last twelve months: Argus, BMO Capital Markets, Deutsche Bank Aktiengesellschaft, HSBC Holdings plc, JPMorgan Chase & Co., KeyCorp, Macquarie, Mizuho, Piper Sandler, Raymond James, Royal Bank of Canada, Scotiabank, The Goldman Sachs Group, Inc., UBS Group AG, Vertical Research, and Wolfe Research.
View the latest analyst ratings for ALTM.

What is the current price target for Altus Midstream?

14 Wall Street analysts have set twelve-month price targets for Altus Midstream in the last year. Their average twelve-month price target is $5.21, suggesting a possible downside of 4.1%. Raymond James has the highest price target set, predicting ALTM will reach $9.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $3.00 for Altus Midstream in the next year.
View the latest price targets for ALTM.

What is the current consensus analyst rating for Altus Midstream?

Altus Midstream currently has 1 sell rating, 12 hold ratings, 2 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in ALTM, but not buy more shares or sell existing shares.
View the latest ratings for ALTM.

What other companies compete with Altus Midstream?

Other companies that are similar to Altus Midstream include EnLink Midstream, Archrock, Minerals Technologies, Rattler Midstream and Tronox. Learn More about companies similar to Altus Midstream.

How do I contact Altus Midstream's investor relations team?

Altus Midstream's physical mailing address is 2000 Post Oak Boulevard Suite 100, Houston TX, 77056. The company's listed phone number is (713) 296-6000 and its investor relations email address is [email protected]. The official website for Altus Midstream is www.altusmidstream.com. Learn More about contacing Altus Midstream investor relations.