Janney Capital disclosed CSI Compressco LP (NASDAQ:CCLP), hiking its price target to $12.00 earlier today
- Updated: September 23, 2016
Having a price of $10.01, CSI Compressco LP (NASDAQ:CCLP) traded 7.29% higher on the day. With the last stock price up 30.96% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. CCLP has recorded a 50-day average of $9.57 and a two hundred day average of $8.21. Trade Volume was down over the average, with 14,048 shares of CCLP changing hands under the typical 66,122
Stating as potential upside of 0.20%, Janney Capital bumped up the target price of CSI Compressco LP (NASDAQ:CCLP) to $12.00
Recent Performance Chart
CSI Compressco LP has with a one year low of $3.74 and a one year high of $15.27 and has a market capitalization of $0.
General Company Details For CSI Compressco LP (NASDAQ:CCLP)
CSI Compressco LP, formerly Compressco Partners, L.P., is a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing and storage. The Company sells custom-designed compressor packages and oilfield fluid pump systems, and provides aftermarket services and compressor package parts and components manufactured by third-party suppliers. It provides these compression services and equipment to a base of natural gas and oil exploration and production, midstream and transmission companies operating throughout many of the onshore producing regions of the United States, as well as in a number of foreign countries, including Mexico, Canada and Argentina. It is a service provider of natural gas compression services in the United States, utilizing its fleet of compressor packages that employs a spectrum of low-, medium- and high-horsepower engines.
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