Anadarko Petroleum Corporation (NYSE:APC) target price raised to $60.00, released a research note earlier today by Barclays Capital
- Updated: October 3, 2016
Having a price of $63.42, Anadarko Petroleum Corporation (NYSE:APC) traded 0.09% higher on the day. With the last close up 19.94% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Anadarko Petroleum Corporation 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
Stating a potential downside of -0.05%, Barclays Capital upped the price target of Anadarko Petroleum Corporation (NYSE:APC) to $60.00
On 9/15/2016, Deutsche Bank released a statement on Anadarko Petroleum Corporation (NYSE:APC) upped the target price from $60.00 to $64.00 that suggested an upside of 0.15%.
With a total market value of $0, Anadarko Petroleum Corporation has with a one year low of $28.16 and a one year high of $73.87 .
A total of 32 brokers have reported on the stock. 9 firms rating the company a strong buy, nineteen brokerages rating the stock a buy, seven analysts rating the company a hold, 1 broker rating the stock a underperform, and finally zero equity analysts rating the company a sell with a consensus target price of $64.50.
About Anadarko Petroleum Corporation (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.
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