RBC Capital Keeps a Hold Rating on USA Compression

By Austin Angelo

RBC Capital analyst Elvira Scotto reiterated a Hold rating on USA Compression (NYSE: USAC) yesterday and set a price target of $20. The company’s shares opened today at $16.51.

According to TipRanks.com, Scotto is a top 25 analyst with an average return of 20.7% and a 70.6% success rate. Scotto covers the Basic Materials sector, focusing on stocks such as American Midstreampartners Lp, Energy Transfer Partners LP, and Sanchez Production Partners.

USA Compression has an analyst consensus of Moderate Buy, with a price target consensus of $20.

Based on USA Compression’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $66.03 million and quarterly net profit of $1.2 million. In comparison, last year the company earned revenue of $63.51 million and had a net profit of $2.93 million.

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USA Compression Partners LP provides compression services in the U.S. in terms of total compression fleet horsepower.