EQT Corp acquires logistics assets in Italy amid market downturn
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 14 Jan 26
Source: Coinmarketcap
EQT Corp's stock fell 3.00% and hit a 20-day low amid a broader market decline, with the Nasdaq-100 down 1.65% and the S&P 500 down 0.95%.
The company recently announced the acquisition of four high-quality logistics assets in Northern Italy, totaling approximately 107,712 sqm, fully leased to a strong tenant base. This acquisition reflects EQT's confidence in the Italian logistics market and aligns with its Core Plus strategy, aiming for long-term value creation through active asset management and sustainability initiatives.
This strategic move positions EQT favorably in the logistics sector, enhancing its portfolio and potential for stable income, despite the current market challenges.
Analyst Views on EQT
Wall Street analysts forecast EQT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EQT is 65.18 USD with a low forecast of 50.00 USD and a high forecast of 76.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
19 Analyst Rating
13 Buy
6 Hold
0 Sell
Moderate Buy
Current: 55.960
Low
50.00
Averages
65.18
High
76.00
Current: 55.960
Low
50.00
Averages
65.18
High
76.00
About EQT
EQT Corporation is a premier, vertically integrated American natural gas company with production and midstream operations focused on the Appalachian Basin. It has operations in Pennsylvania, West Virginia and Ohio. It owns or leases approximately 610,000 net acres in Pennsylvania. Most of the acreage is located in the southwestern region of the state, with the majority located in Greene and Washington Counties. It is developing the Marcellus Shale and Upper Devonian Shale in this area. It also owns or leases 405,000 net acres in West Virginia. Most of the acreage is located in the northwestern region of the state, with the majority located in Doddridge, Marion, Tyler and Wetzel Counties. It owns or leases 65,000 net acres in eastern Ohio and is developing the Utica Shale in Belmont County. It operates Utica wells throughout its Ohio acreage. The Marcellus Shale lies nearly a mile or more beneath the surface throughout much of Ohio, Pennsylvania, New York and West Virginia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
