Exterran Corp. (NYSE:EXTN) has received an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy recommendation.
Analysts have set a 1 year consensus price target of $20.50 for the company, according to Zacks. Zacks has also given Exterran Corp. an industry rank of 189 out of 265 based on the ratings given to its competitors.
Several analysts recently commented on EXTN shares. Scotiabank reaffirmed a “sector outperform” rating and set a $20.00 target price (down from $22.00) on shares of Exterran Corp. in a report on Wednesday, June 22nd. Howard Weil lowered Exterran Corp. from a “focus stock” rating to a “sector outperform” rating and dropped their target price for the stock from $22.00 to $20.00 in a report on Wednesday, June 22nd.
Exterran Corp. (NYSE:EXTN) opened at 16.20 on Wednesday. Exterran Corp. has a 52-week low of $10.83 and a 52-week high of $19.36. The stock’s 50 day moving average price is $14.89 and its 200 day moving average price is $14.04. The company has a market cap of $569.32 million and a P/E ratio of 12.03.
A number of institutional investors have recently modified their holdings of EXTN. Nomura Holdings Inc. acquired a new position in shares of Exterran Corp. during the second quarter worth about $173,000. Arizona State Retirement System increased 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 worth $235,000 after buying an additional 200 shares in the last quarter. Highbridge Capital Management LLC acquired a new position in shares of Exterran Corp. during the second quarter worth about $694,000. Cubist Systematic Strategies LLC acquired a new position in shares of Exterran Corp. during the second quarter worth about $134,000. Finally, AQR Capital Management LLC increased 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 worth $513,000 after buying an additional 13,589 shares in the last quarter. Institutional investors own 80.28% of the company’s stock.
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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