Archrock Inc (NYSE: AROC) stock enjoyed a major increase of 11.2% on 11/6/24. The shares closed at $22.84. Moreover, trading volume in this advance was exceptionally high at 221% of normal. The stock has been strong relative to the market over the last nine months and has risen 12.5% during the last week.
Current PriceTarget Research Rating
AROC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Archrock has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Archrock has a poor Appreciation Score of 20 but a good Power Rating of 72, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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