Stock Rating Downgrade
Of late the Value Trend Rating for Summit Midstream Partners LP (NYSE: SMC) fell significantly from A to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 1/10/25, Summit Midstream Partners LP (NYSE: SMC) stock rose modestly by 0.7%, closing at $37.82. However, this advance was accompanied by unusually low trading volume at 65% of normal. Relative to the market the stock has been strong over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
Summit Midstream Partners has a current Value Trend Rating of C (High Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Summit Midstream Partners has a slightly positive Power Rating of 60 and a slightly positive Appreciation Score of 65, with the High Neutral Value Trend Rating the result.
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