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Citigroup covered Archrock Partners (NASDAQ:APLP), raising its target price to $15.50 today

Boasting a price of $14.04, Archrock Partners (NASDAQ:APLP) traded -2.64% lower on the day. The last stock price is down -8.18% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. The company has recorded a 50-day moving average of $13.88 and a 200-day moving average of $14.89. Volume of trade was down over the average, with 27,301 shares of APLP changing hands under the typical 105,912

Citigroup increased the stock price target of Archrock Partners (NASDAQ:APLP) to $15.50 reporting a potential upside of 0.10%.

Previously on Wednesday August 23, 2017, RBC Capital reported about Archrock Partners (NASDAQ:APLP) increased the target price from $18.00 to $19.00. At the time, this indicated a possible upside of 0.44%.

Recent Performance Chart

Archrock Partners (NASDAQ:APLP)

Archrock Partners has 52 week low of $12.43 and a 52 week high of $18.55 and has a total market value of $0.

A total of 8 brokerages have released a report on APLP. zero analysts rating the stock a strong buy, 3 brokers rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokers rating the stock a sell with a consensus target price of $16.81.

Brief Synopsis About Archrock Partners (NASDAQ:APLP)

Archrock Partners, L.P. is engaged in natural gas compression industry in the United States. The Company's contract operations services include designing, sourcing, owning, installing, operating, servicing, repairing and maintaining equipment to provide natural gas compression services to its customers. It provides contract operations services, including the personnel, equipment, tools, materials and supplies to meet its customers' natural gas compression needs. Archrock General Partner, L.P., its general partner, is a subsidiary of Archrock and has responsibility for conducting its business and for managing its operations. The Company utilizes both slow and high speed reciprocating compressors primarily driven by internal natural gas fired combustion engines. Its customers include companies engaged in various aspects of the oil and natural gas industry, including natural gas producers, processors, gatherers, transporters and storage providers.

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