Aris Water Solutions (NYSE:ARIS) PT Raised to $20.00

Aris Water Solutions (NYSE:ARISGet Rating) had its price target hoisted by stock analysts at Wells Fargo & Company from $18.00 to $20.00 in a research note issued to investors on Monday, Marketbeat Ratings reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective would indicate a potential upside of 14.35% from the stock’s previous close.

ARIS has been the subject of several other reports. Raymond James reduced their price objective on Aris Water Solutions from $22.00 to $20.00 and set an “outperform” rating for the company in a research note on Thursday, October 20th. Capital One Financial reissued an “overweight” rating on shares of Aris Water Solutions in a report on Thursday, August 11th. StockNews.com downgraded Aris Water Solutions from a “hold” rating to a “sell” rating in a research report on Monday, October 31st. Finally, Barclays reduced their price objective on Aris Water Solutions from $18.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 19th. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $19.71.

Aris Water Solutions Stock Down 0.3 %

Aris Water Solutions stock opened at $17.49 on Monday. The stock has a 50-day moving average of $14.91 and a two-hundred day moving average of $16.65. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.66. Aris Water Solutions has a one year low of $10.06 and a one year high of $23.58.

Institutional Investors Weigh In On Aris Water Solutions

A number of large investors have recently bought and sold shares of ARIS. Nisa Investment Advisors LLC purchased a new position in Aris Water Solutions in the second quarter valued at about $26,000. First Horizon Advisors Inc. acquired a new stake in shares of Aris Water Solutions during the second quarter valued at about $28,000. Metropolitan Life Insurance Co NY acquired a new position in Aris Water Solutions in the first quarter worth about $30,000. Quantbot Technologies LP acquired a new position in Aris Water Solutions in the first quarter worth about $34,000. Finally, Macquarie Group Ltd. acquired a new position in Aris Water Solutions in the second quarter worth about $39,000. Institutional investors and hedge funds own 36.43% of the company’s stock.

Aris Water Solutions Company Profile

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Aris Water Solutions, Inc, an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water.

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Analyst Recommendations for Aris Water Solutions (NYSE:ARIS)

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