Brokerage Firm Rating on Anadarko Petroleum Corporation (APC)

Anadarko Petroleum Corporation (APC) : The consensus on Anadarko Petroleum Corporation (APC) based on 22 analyst recommendation on the company stock is 1.73, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 13 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Anadarko Petroleum Corporation (APC).

Anadarko Petroleum Corporation (APC) : Currently there are 16 street experts covering Anadarko Petroleum Corporation (APC) stock. The most bullish and bearish price target for the stock is $108 and $50 respectively for the short term. The average price target of all the analysts comes to $67.88. The estimated standard deviation from the target is $14.85.


For the current week, the company shares have a recommendation consensus of Buy. Anadarko Petroleum Corporation (NYSE:APC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.16 and $52.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $54.41. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.01, notching a gain of 2.62% for the day. The total traded volume was 3,675,303 . The stock had closed at $52.63 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Anadarko Petroleum Corp, Fluor Peter J, had purchased 7,527 shares in a transaction dated on January 21, 2016. The transaction was executed at $30.55 per share with total amount equaling $229,950.

Anadarko Petroleum Corporation is an independent exploration and production company. The Company is engaged in the exploration, development, production, and marketing of natural gas, oil, condensate, natural gas liquids (NGLs), and anticipated production of liquefied natural gas (LNG). Its assets include United States onshore resource plays in the Rocky Mountains area, the southern United States, the Appalachian basin, and Alaska. The Company has three segments: Oil and gas exploration and production, Midstream and Marketing. Oil and gas exploration and production segment explores for and produces natural gas, oil, condensate, and NGLs, and plans for the development and operation of its LNG project. Midstream segment engages in gathering, processing, treating, and transporting oil, natural-gas, and NGLs production. Marketing segment sells oil, natural-gas, and NGLs production. The Company is also an independent producer in the deepwater Gulf of Mexico.

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