Stifel Nicolaus analyst Selman Akyol maintained a Hold rating on Compressco Partners LP (NASDAQ: CCLP) today and set a price target of $7. The company’s shares closed yesterday at $6.67.
According to TipRanks.com, Akyol is a 3-star analyst with an average return of 1.0% and a 55.1% success rate. Akyol covers the Basic Materials sector, focusing on stocks such as Energy Transfer Partners LP, Dcp Midstream Partners Lp, and Spectra Energy Partners.
Compressco Partners LP has an analyst consensus of Moderate Buy, with a price target consensus of $8.
See today’s analyst top recommended stocks >>
The company has a one-year high of $8.05 and a one-year low of $4.12. Currently, Compressco Partners LP has an average volume of 128.6K.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CCLP in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
CSI Compressco LP engages in the provision of compression services and equipment for natural gas and oil production, gathering, transportation, processing, and storage. It offers compression services, new equipment sales, and aftermarket services. The company was founded on October 31, 2008 and is headquartered in The Woodlands, TX.
