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RBC Capital disclosed Archrock (NYSE:AROC), hiking its price target to $13.00 earlier today

Stating a potential upside of 0.39%, RBC Capital increased the target price of Archrock (NYSE:AROC) to $13.00

Previously on 8/8/2017, JP Morgan reported about Archrock (NYSE:AROC) lowered the target price from $13.00 to $12.00. At the time, this indicated a possible upside of 0.18%.

Yesterday Archrock (NYSE:AROC) traded 6.25% higher at $9.35. The company’s 50-day moving average is $10.63 and its 200-day moving average is $11.89. The last stock close price is down -21.35% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 511,567 shares of the stock were exchanged, down from an average trading volume of 550,019

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Archrock (NYSE:AROC)

Archrock has a 52 week low of $8.30 and a 52 week high of $16.40 The company’s market cap is currently $0.

In addition to RBC Capital reporting its target price, a total of 5 firms have reported on the stock. The consensus target price is $14.40 with 0 firms rating the stock a strong buy, 2 firms rating the stock a buy, 3 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Archrock (NYSE:AROC)

Archrock, Inc. is a natural gas contract operations services company. The Company also provides natural gas compression services to customers in the oil and natural gas industry throughout the United States and supplies aftermarket services to customers that own compression equipment in the United States. The Company operates through two segments: contract operations and aftermarket services. The contract operations segment primarily provides natural gas compression services to meet specific customer requirements. The Company provides contract operations services, including the personnel, equipment, tools, materials and supplies to meet its customers' natural gas compression needs. The aftermarket services segment provides a range of services to support the compression needs of customers, from parts sales and normal maintenance services to full operation of a customer's owned assets.

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