A statement released earlier today by Barclays about Anadarko Petroleum (NYSE:APC) bumps the target price to $60.00
- Updated: October 4, 2016
Barclays bumped up the target of Anadarko Petroleum (NYSE:APC) to $60.00 stating a potential downside of -0.05%.
On Thursday September 15, 2016, Deutsche Bank released a statement for Anadarko Petroleum (NYSE:APC) bumped up the target price from $60.00 to $64.00 that suggested an upside of 0.15%.
Boasting a price of $63.42, Anadarko Petroleum (NYSE:APC) traded 0.09% higher on the day. With the last stock price close up 19.94% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Anadarko Petroleum has recorded a 50-day average of $57.31 and a two hundred day average of $52.88. Volume of trade was down over the average, with 4,690,830 shares of APC changing hands under the typical 5,439,380
With a total market value of $0, Anadarko Petroleum has 52 week low of $28.16 and a 52 week high of $73.87 .
Also covering Anadarko Petroleum's price target, a total of 32 brokers have issued a research note on the company. The average target is $64.50 with nine brokerages rating the company a strong buy, nineteen analysts rating the company a buy, 7 brokerages rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis About Anadarko Petroleum (NYSE:APC)
Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. The Company's segments include Oil and Gas Exploration & Production; Midstream, and Marketing. The Oil and Gas Exploration & Production segment explores for and produces oil, condensate, natural gas and natural gas liquids (NGLs), and focuses on the development and operation of the Company's liquefied natural gas (LNG) project in Mozambique. The Midstream segment engages in gathering, processing, treating and transporting Anadarko and third-party oil, natural-gas and NGLs production. The Marketing segment sells Anadarko's oil, natural-gas and NGLs production, as well as third-party purchased volumes. The Company's asset portfolio includes the United States onshore resource plays in the Rocky Mountains, the southern United States, the Appalachian basin and Alaska, as well as other countries, such as Algeria, Ghana, Mozambique, Colombia, New Zealand and Kenya.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.