Johnson Rice upgraded Anadarko Petroleum Corporation (NYSE:APC) to Buy in a statement released earlier today.
- Updated: September 15, 2016
Johnson Rice has upgraded Anadarko Petroleum Corporation(NYSE:APC) to Buy in a report released on 9/13/2016.
On 7/29/2016, Barclays Capital released a statement for Anadarko Petroleum Corporation(NYSE:APC) upped the target price from $46.00 to $50.00 that indicated a possible downside of -0.08%.
Yesterday Anadarko Petroleum Corporation (NYSE:APC) traded 2.36% higher at $57.79. Anadarko Petroleum Corporation’s 50-day moving average is $54.81 and its two hundred day average is $51.37. With the last stock close up 10.82% from the two hundred day moving average, compared with the S&P 500 which has decreased -0.01% over the same time. 6,970,935 shares of APC exchanged hands, up from ann avg. trading volume of 4,984,080.
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Anadarko Petroleum Corporation has a one-year low of $28.16 and a 52 week high of $73.87. APC’s market capitalization is presently $0.0.
Also covering Anadarko Petroleum Corporation’s stock price target, a total of 32 firms have issued a ratings update on Anadarko Petroleum Corporation. The one year target price is $64.50 with nine analysts rating the stock a strong buy, 19 firms rating the company a buy, seven analyts rating the stock a hold, one analyst rating the stock to underperform, and lastly 0 brokeragesrating the stock as sell.
More 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, and New Zealand and Kenya.
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