Stifel Nicolaus began coverage on shares of Arc Logistics Partners LP (NASDAQ:ARCX) in a research note issued on Monday, TheFlyOnTheWall.com reports. The firm set a “hold” rating on the stock.
Shares of Arc Logistics Partners LP (NASDAQ:ARCX) opened at 20.15 on Monday. Arc Logistics Partners LP has a 52 week low of $18.69 and a 52 week high of $20.17. The stock has a 50-day moving average of $19.26 and a 200-day moving average of $19.26. The company has a market cap of $245.1 million and a P/E ratio of 9.61.
Separately, analysts at Robert W. Baird initiated coverage on shares of Arc Logistics Partners LP in a research note to investors on Monday. They set a “neutral” rating and a $21.00 price target on the stock.
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