Archrock Partners LP (NASDAQ:APLP) shares fell 1.1% during mid-day trading on Monday . The stock traded as low as $13.99 and last traded at $14.11, with a volume of 82,872 shares traded. The stock had previously closed at $14.27.

Several research firms have recently issued reports on APLP. Zacks Investment Research raised Archrock Partners from a “sell” rating to a “hold” rating in a research note on Monday, July 4th. Capital One Financial Corp. raised Archrock Partners from an “equal weight” rating to an “overweight” rating and set a $15.00 price target for the company in a research note on Tuesday, June 21st. Goldman Sachs Group Inc. raised Archrock Partners from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $9.00 to $14.00 in a research note on Tuesday, June 21st. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $17.00 price target on shares of Archrock Partners in a research note on Thursday, May 5th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $17.13.

The company’s 50 day moving average is $13.75 and its 200-day moving average is $11.02. The firm’s market capitalization is $844.69 million.

Archrock Partners (NASDAQ:APLP) last released its quarterly earnings results on Tuesday, May 3rd. The company reported $0.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.01. The business earned $151.40 million during the quarter, compared to the consensus estimate of $165.34 million. Archrock Partners’s revenue for the quarter was down 7.9% compared to the same quarter last year. On average, equities analysts forecast that Archrock Partners LP will post $0.49 earnings per share for the current fiscal year.

Other hedge funds and institutional investors have added to or reduced their stakes in the company. Wells Fargo & Company MN acquired a new position in Archrock Partners during the fourth quarter valued at about $1,184,000. Advisors Asset Management Inc. purchased a new stake in shares of Archrock Partners during the fourth quarter valued at $2,927,000. Atlantic Trust Group LLC purchased a new stake in shares of Archrock Partners during the fourth quarter valued at $4,924,000. Penserra Capital Management LLC purchased a new stake in shares of Archrock Partners during the fourth quarter valued at $5,008,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Archrock Partners during the fourth quarter valued at $5,887,000.

Archrock Partners, L.P., formerly Exterran Partners, L.P., is engaged in the United States natural gas compression business. The Company provides contract operations services, including the personnel, equipment, tools, materials and supplies to meet its customers’ natural gas compression needs. The Company’s contract operations services primarily include designing, sourcing, owning, installing, operating, servicing, repairing and maintaining equipment to provide natural gas compression services to its customers.

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