The Analyst Verdict: Archrock In The Eyes Of 7 Experts
Portfolio Pulse from Benzinga Insights
Archrock (NYSE:AROC) has received mixed analyst ratings, with 7 experts providing insights. The average 12-month price target has increased by 8.11% to $24.14. Analysts have shown a positive outlook, with several raising their ratings and price targets. Archrock's financial performance shows strong revenue growth and net margin, but challenges in ROE, ROA, and debt management.
October 16, 2024 | 7:00 pm
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POSITIVE IMPACT
Archrock has received a mix of bullish and somewhat bullish ratings from analysts, with an increase in the average 12-month price target to $24.14. The company's strong revenue growth and net margin are positive, but challenges in ROE, ROA, and high debt levels remain.
The increase in the average price target and the majority of analysts rating Archrock as 'Outperform' or 'Buy' suggest a positive short-term impact on the stock price. However, financial challenges such as low ROE, ROA, and high debt levels may temper this optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100