Is there a Bearish outlook for CSI Compressco LP (NASDAQ:CCLP) this week?

July 16, 2018 - By Ash Maslow

CSI Compressco LP (NASDAQ:CCLP) Logo

CSI Compressco LP (NASDAQ:CCLP) Ratings Coverage

Among 3 analysts covering Compressco Partners LP (NASDAQ:CCLP), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Compressco Partners LP had 5 analyst reports since January 30, 2018 according to SRatingsIntel. Raymond James maintained the stock with “Outperform” rating in Tuesday, May 8 report. The firm earned “Hold” rating on Thursday, March 1 by RBC Capital Markets. Stifel Nicolaus maintained it with “Hold” rating and $8 target in Wednesday, February 28 report. The company was maintained on Tuesday, January 30 by Stifel Nicolaus. The firm earned “Hold” rating on Tuesday, May 8 by Stifel Nicolaus. Below is a list of CSI Compressco LP (NASDAQ:CCLP) latest ratings and price target changes.

08/05/2018 Broker: Raymond James Old Rating: Outperform New Rating: Outperform Old Target: $9 New Target: $8 Maintain
08/05/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $8 New Target: $7 Maintain
01/03/2018 Broker: RBC Capital Markets Rating: Hold New Target: $8.0 Maintain
28/02/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $7 New Target: $8 Maintain
30/01/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $7.0 Maintain

The stock decreased 0.62% or $0.04 during the last trading session, reaching $5.62. About 52,527 shares traded. CSI Compressco LP (NASDAQ:CCLP) has risen 1.57% since July 16, 2017 and is uptrending. It has underperformed by 11.00% the S&P500.

CSI Compressco LP provides compression services and equipment for natural gas and oil production, gathering, transportation, processing, and storage applications in the United States and internationally. The company has market cap of $235.68 million. It fabricates and sells standard and custom-designed compressor packages, oilfield fluid pump systems, and compressor package parts and components, as well as provides aftermarket services, such as operations, maintenance, overhaul, and reconfiguration services. It currently has negative earnings. The firm offers GasJack and VJack electric powered low-horsepower compressor packages to provide production enhancement services.

CSI Compressco LP (NASDAQ:CCLP) Ratings Chart

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