Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Summit Midstream Partners LP (NYSE: SMC) weakened during the last several trading days. SMC’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 3/28/25, Summit Midstream Partners LP (NYSE: SMC) stock declined by -3.5%, closing at $34.21. However, below average trading volume at 67% of normal accompanied the decline. The stock has declined -8.7% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Summit Midstream Partners has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Summit Midstream Partners has a neutral Appreciation Score of 56 and a slightly positive Power Rating of 65, triggering the High Neutral Value Trend Rating.
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