Rattler Midstream (NASDAQ: RTLR) received “hold” as the average recommendation from the 16 research firms covering the company’s stock. Eleven analysts have issued a rating of “hold” on the company’s stocks, four analysts have rated the stock with a “buy” rating. The average target price for 1 year among brokerages covering the stock is $9.25 last year.
Analyst Research Reports On RTLR
RTLR has been the topic of any analyst’s report. Piper Sandler decreased the price objective of the company’s stocks from $8.00 – $7.00 and issued a rating of “neutral” on the company’s stocks on October 9th, Friday. Zacks Research upgraded its ratings on the company’s stocks from “sell” to “hold” on Saturday. The company BidaskClub raised its ratings of the company’s stocks from “hold” to “buy” on December 8th, Tuesday. American Bank downgraded its ratings of the company’s stocks from “buy” to “neutral” on November 18th, Wednesday. Lastly, Wells Fargo increased its ratings of the company’s stocks from “equal weight” to “overweight” and increased the price objective on the company’s stocks from $9.00 – $10.00 on November 30th, Monday.
Shares of RTLR opened on Friday at $9.88.The company has $2.90 as its 52-week low and $18.41 as its 52-week high. The firm has $8.73 as its moving average for 50 days and $8.05 as its moving average for 200 days. The firm has a 0.43 quick ratio, a 0.61 current ratio, and a 0.44 ratio between debt and equity. The company has $1.50 bn in market capitalization, and 11.49 PE ratio, a 0.21 ratio between the price and earnings, and a 4.55 beta.
RTLR operates, acquires, develops, and owns assets of midstream infrastructure in the Delaware and Midland basins of West Texas’s Permian Basin. The firm operates through two segments: Operations of Real Estate and Midstream Services, It provides natural gas,water-related services in the midstream, and crude oil.