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Equitrans Midstream (ETRN) Stock Forecast & Price Target

Equitrans Midstream - Analysts' Recommendations 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.

Consensus Rating

Hold
Based on 8 Analyst Ratings

Based on 8 Wall Street analysts who have issued ratings for Equitrans Midstream in the last 12 months, the stock has a consensus rating of "Hold." Out of the 8 analysts, 1 has given a sell rating, 4 have given a hold rating, and 3 have given a buy rating for ETRN.

Consensus Price Target

$13.10
5.48% Upside

High Forecast	$17.00
Average Forecast	$13.10
Low Forecast	$11.00

According to the 8 analysts' twelve-month price targets for Equitrans Midstream, the average price target is $13.10. The highest price target for ETRN is $17.00, while the lowest price target for ETRN is $11.00. The average price target represents a forecasted upside of 5.48% from the current price of $12.42.

Type	Current Forecast 9/21/23 to 9/20/24	1 Month Ago 8/22/23 to 8/21/24	3 Months Ago 6/23/23 to 6/22/24	1 Year Ago 9/21/22 to 9/21/23
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	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$13.10	$13.10	$13.10	$9.69
Forecasted Upside	5.48% Upside	12.49% Upside	12.49% Upside	22.34% Upside

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ETRN Analyst Recommendations 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	2.25	2.58	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	5.48% Upside	201.41% Upside	7.71% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

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
6/10/2024	Morgan Stanley 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$13.00 ➝ $17.00	+20.57%
5/2/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$12.00 ➝ $13.00	-1.66%
4/29/2024	US Capital Advisors 5 of 5 stars	J. Carreker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Hold
3/7/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$13.00	+17.06%
2/26/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$6.00 ➝ $11.00	+4.96%
12/4/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Peer Perform
Get the Latest News and Ratings for ETRN and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Equitrans Midstream and its competitors with MarketBeat's FREE daily newsletter.
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
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%
4/21/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 10:54 PM ET.

ETRN Forecast - Frequently Asked Questions

What is Equitrans Midstream's forecast for 2024?: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Equitrans Midstream is $13.10, with a high forecast of $17.00 and a low forecast of $11.00.
Should I buy or sell Equitrans Midstream stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equitrans Midstream in the last year. There is currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ETRN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ETRN, but not buy additional shares or sell existing shares.
Does Equitrans Midstream's stock price have much upside?: According to analysts, Equitrans Midstream's stock has a predicted upside of 12.49% based on their 12-month stock forecasts.
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.