Shares of Exterran Corp. (NYSE:EXTN) have received a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.

Brokerages have set a twelve-month consensus target price of $20.50 for the company, according to Zacks. Zacks has also given Exterran Corp. an industry rank of 209 out of 265 based on the ratings given to its competitors.

A number of equities analysts have recently issued reports on the stock. Howard Weil cut shares of Exterran Corp. from a “focus stock” rating to a “sector outperform” rating and cut their price objective for the stock from $22.00 to $20.00 in a research report on Wednesday, June 22nd. Scotiabank reaffirmed a “sector outperform” rating and issued a $20.00 price target (down previously from $22.00) on shares of Exterran Corp. in a research report on Wednesday, June 22nd.

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Institutional investors have recently made changes to their positions in the stock. Nomura Holdings Inc. acquired a new position in shares of Exterran Corp. during the second quarter valued at $173,000. Arizona State Retirement System boosted its position in shares of Exterran Corp. by 1.1% in the second quarter. Arizona State Retirement System now owns 18,290 shares of the company’s stock valued at $235,000 after buying an additional 200 shares during the last quarter. Highbridge Capital Management LLC acquired a new position in shares of Exterran Corp. during the second quarter valued at $694,000. Cubist Systematic Strategies LLC acquired a new position in shares of Exterran Corp. during the second quarter valued at $134,000. Finally, AQR Capital Management LLC boosted its position in shares of Exterran Corp. by 51.6% in the second quarter. AQR Capital Management LLC now owns 39,934 shares of the company’s stock valued at $513,000 after buying an additional 13,589 shares during the last quarter. 80.31% of the stock is currently owned by institutional investors and hedge funds.

Exterran Corp. (NYSE:EXTN) traded down 2.05% during trading on Tuesday, hitting $13.36. The stock had a trading volume of 17,746 shares. Exterran Corp. has a 1-year low of $10.83 and a 1-year high of $19.36. The firm has a market capitalization of $469.51 million and a PE ratio of 9.92. The firm has a 50 day moving average price of $13.94 and a 200-day moving average price of $14.07.

Exterran Corp. Company Profile

Exterran Corporation is engaged in the provision of compression, production and processing products and services that support the production and transportation of oil and natural gas around the world. The Company operates through three segments: contract operations, aftermarket services and product sales.

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