Rattler Midstream (NASDAQ:RTLR) Earns Overweight Rating from Analysts at Capital One Financial

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Equities researchers at Capital One Financial initiated coverage on shares of Rattler Midstream (NASDAQ:RTLR) in a research note issued on Monday, Benzinga’s Daily Ratings Newsletter reports. The brokerage set an “overweight” rating and a $24.00 price target on the stock. Capital One Financial‘s target price indicates a potential upside of 26.31% from the company’s current price.

RTLR has been the subject of a number of other reports. Royal Bank of Canada started coverage on Rattler Midstream in a research note on Monday. They issued a “sector perform” rating and a $20.00 price target for the company. JPMorgan Chase & Co. started coverage on Rattler Midstream in a research note on Monday. They issued an “overweight” rating and a $23.00 price target for the company. Piper Jaffray Companies started coverage on Rattler Midstream in a research note on Monday. They issued an “overweight” rating and a $25.00 price target for the company. Northland Securities restated an “outperform” rating and issued a $24.00 price target on shares of Rattler Midstream in a research note on Monday. Finally, Wells Fargo & Co started coverage on Rattler Midstream in a research note on Monday. They issued an “outperform” rating and a $22.00 price target for the company. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $22.80.

RTLR stock traded down $0.21 during mid-day trading on Monday, reaching $19.00. The company had a trading volume of 137,214 shares, compared to its average volume of 1,440,391. Rattler Midstream has a 52 week low of $17.49 and a 52 week high of $19.67.

Further Reading: Moving Average Convergence Divergence (MACD)

Analyst Recommendations for Rattler Midstream (NASDAQ:RTLR)

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