Free Trial

Western Midstream Partners (WES) Stock Forecast & Price Target

$38.45
+0.19 (+0.50%)
(As of 11:10 AM ET)

Western Midstream Partners - 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

Sell
1
Hold
8
Buy
1

Based on 10 Wall Street analysts who have issued ratings for Western Midstream Partners in the last 12 months, the stock has a consensus rating of "Hold." Out of the 10 analysts, 1 has given a sell rating, 8 have given a hold rating, and 1 has given a buy rating for WES.

Consensus Price Target

$36.75
-4.42% Downside
According to the 10 analysts' twelve-month price targets for Western Midstream Partners, the average price target is $36.75. The highest price target for WES is $42.00, while the lowest price target for WES is $27.00. The average price target represents a forecasted downside of -4.42% from the current price of $38.45.
Get the Latest News and Ratings for WES and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Western Midstream Partners and its competitors.

Sign Up

WES Analyst Ratings Over Time

TypeCurrent Forecast
10/2/23 to 10/1/24
1 Month Ago
9/2/23 to 9/1/24
3 Months Ago
7/4/23 to 7/3/24
1 Year Ago
10/2/22 to 10/2/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
6 Buy rating(s)
Hold
8 Hold rating(s)
7 Hold rating(s)
8 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$36.75$34.38$31.55$30.60
Forecasted Upside-4.42% Downside-10.90% Downside-23.32% Downside13.00% Upside
Consensus Rating
Hold
Hold
Hold
Hold

WES 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.
Skip Chart & View Analyst Rating History

WES 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Western Midstream Partners Stock vs. The Competition

TypeWestern Midstream PartnersOils/Energy CompaniesS&P 500
Consensus Rating Score
2.00
2.60
2.50
Consensus RatingHoldModerate BuyHold
Predicted Upside-3.95% Downside213.17% Upside6.15% Upside
News Sentiment Rating
Positive News

See Recent WES News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/18/2024UBS Group
4 of 5 stars
 Boost TargetNeutral ➝ Neutral$38.00 ➝ $39.00-2.62%
9/16/2024Morgan Stanley
3 of 5 stars
 DowngradeOverweight ➝ Equal Weight$42.00 ➝ $42.00+6.14%
8/27/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetSector Perform ➝ Sector Perform$36.00 ➝ $38.00-0.81%
8/9/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetHold ➝ Hold$39.00 ➝ $40.00+1.34%
5/21/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetEqual Weight ➝ Equal Weight$34.00 ➝ $35.00-9.23%
5/7/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$34.00 ➝ $39.00+9.43%
4/18/2024Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeUnderperform ➝ Peer Perform
3/19/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOutperform ➝ Market Perform
2/29/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral$30.00 ➝ $34.00+1.74%
12/13/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Underperform$30.00 ➝ $27.00-0.64%
8/17/2023US Capital Advisors
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Carreker
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeOverweight ➝ Hold
8/9/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOverweight ➝ Neutral$31.00 ➝ $29.00+3.79%
5/8/2023VNET Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingMaintains
4/20/2023Capital One Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
W. Suki
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOverweight
4/18/2023Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$33.00 ➝ $32.00+19.90%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 11:28 AM ET.


WES Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Western Midstream Partners is $36.75, with a high forecast of $42.00 and a low forecast of $27.00.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Midstream Partners in the last twelve months. There is currently 1 sell rating, 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" WES shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WES, but not buy additional shares or sell existing shares.

According to analysts, Western Midstream Partners's stock has a predicted downside of -4.42% based on their 12-month stock forecasts.

Over the previous 90 days, Western Midstream Partners's stock had 2 downgrades by analysts.

Western Midstream Partners has been rated by research analysts at Morgan Stanley, Royal Bank of Canada, Stifel Nicolaus, and UBS Group in the past 90 days.

Analysts like Western Midstream Partners less than other "oils/energy" companies. The consensus rating for Western Midstream Partners is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how WES compares to other companies.


This page (NYSE:WES) was last updated on 10/1/2024 by MarketBeat.com Staff
From Our Partners