Archrock Inc. (NYSE:AROC) has received a consensus rating of “Hold” from the nineteen research firms that are covering the company. Two investment analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $11.22.

Several research firms have recently weighed in on AROC. Simmons began coverage on shares of Archrock in a report on Monday, August 22nd. They set a “neutral” rating and a $12.25 price objective for the company. Piper Jaffray Cos. began coverage on shares of Archrock in a report on Monday, August 22nd. They set a “neutral” rating for the company. FBR & Co set a $11.00 price objective on shares of Archrock and gave the stock a “hold” rating in a report on Friday, August 5th. Johnson Rice raised shares of Archrock from a “hold” rating to an “accumulate” rating in a report on Friday, August 5th. Finally, Royal Bank Of Canada raised shares of Archrock from an “underperform” rating to a “sector perform” rating and raised their price objective for the stock from $4.00 to $10.00 in a report on Friday, August 5th.

Several large investors have recently modified their holdings of the company. Mason Street Advisors LLC bought a new stake in shares of Archrock during the second quarter worth approximately $128,000. Public Employees Retirement System of Ohio raised its stake in shares of Archrock by 17.9% in the second quarter. Public Employees Retirement System of Ohio now owns 26,879 shares of the company’s stock worth $253,000 after buying an additional 4,078 shares during the last quarter. Harvest Fund Advisors LLC bought a new stake in shares of Archrock during the second quarter worth approximately $14,732,000. Schwab Charles Investment Management Inc. raised its stake in shares of Archrock by 10.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 702,068 shares of the company’s stock worth $6,614,000 after buying an additional 65,237 shares during the last quarter. Finally, Stifel Financial Corp bought a new stake in shares of Archrock during the second quarter worth approximately $108,000. Institutional investors and hedge funds own 88.18% of the company’s stock.

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Archrock (NYSE:AROC) traded up 4.82% on Wednesday, hitting $11.53. The company’s stock had a trading volume of 184,592 shares. The company’s market capitalization is $789.52 million. The company has a 50 day moving average price of $11.15 and a 200-day moving average price of $8.81. Archrock has a 1-year low of $3.41 and a 1-year high of $24.17.

Archrock Company Profile

Archrock, Inc, formerly Exterran Holdings, 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.

5 Day Chart for NYSE:AROC

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