Arc Logistic Partners (NYSE: ARCX) has recently received a number of price target changes and ratings updates:

  • 10/18/2017 – Arc Logistic Partners was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 10/17/2017 – Arc Logistic Partners was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Arc Logistics Partners LP is principally engaged in the terminalling, storage, throughput and transloading of crude oil and petroleum products. It owns, operates, develops and acquires a portfolio of complementary energy logistics assets. Arc Logistics Partners LP is based in New York. “
  • 10/10/2017 – Arc Logistic Partners was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Arc Logistics Partners LP is principally engaged in the terminalling, storage, throughput and transloading of crude oil and petroleum products. It owns, operates, develops and acquires a portfolio of complementary energy logistics assets. Arc Logistics Partners LP is based in New York. “
  • 10/6/2017 – Arc Logistic Partners had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $16.50 price target on the stock.
  • 9/14/2017 – Arc Logistic Partners was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 9/1/2017 – Arc Logistic Partners was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/30/2017 – Arc Logistic Partners was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating. They now have a $16.50 price target on the stock, down previously from $18.00.
  • 8/30/2017 – Arc Logistic Partners was downgraded by analysts at SunTrust Banks, Inc. from a “buy” rating to a “hold” rating. They now have a $16.50 price target on the stock, up previously from $15.00.

Shares of Arc Logistic Partners LP (NYSE ARCX) traded up 0.18% on Monday, reaching $16.68. The company had a trading volume of 259,399 shares. Arc Logistic Partners LP has a 1-year low of $12.86 and a 1-year high of $17.40. The company’s 50 day moving average price is $16.66 and its 200-day moving average price is $15.22. The stock has a market capitalization of $326.01 million, a P/E ratio of 27.43 and a beta of 0.81.

Arc Logistic Partners (NYSE:ARCX) last posted its earnings results on Tuesday, August 8th. The pipeline company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.03). Arc Logistic Partners had a net margin of 13.28% and a return on equity of 4.10%. The company had revenue of $26.59 million during the quarter, compared to analyst estimates of $26.71 million. Equities analysts predict that Arc Logistic Partners LP will post $0.68 EPS for the current year.

Arc Logistics Partners LP owns, operates, develops and acquires a portfolio of energy logistics assets. The Company is engaged in the terminaling, storage, throughput and transloading of crude oil and petroleum products. The Company is focused on growing its business through the optimization, organic development and acquisition of terminaling, storage, rail, pipeline and other energy logistics assets.

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