APA Group Price Target Cut to $5.90 by Analysts at Credit Suisse (APA)
Stock analysts at Credit Suisse cut their price target on shares of APA Group (ASX:APA) from $6.10 to $5.90 in a report issued on Tuesday, Analyst Ratings.Net reports. The firm currently has an “underperform” rating on the stock.
Shares of APA Group (ASX:APA) traded down 2.64% on Tuesday, hitting A$5.890. The stock had a trading volume of 2,639,473 shares. APA Group has a 1-year low of A$4.730 and a 1-year high of A$6.970. The stock’s 50-day moving average is A$5.9 and its 200-day moving average is A$6.14.
APA has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of APA Group (ASX:APA) in a research note to investors on Friday, August 2nd.
One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. APA Group has an average rating of “Hold” and a consensus target price of A$5.63 ($5.31).
APA Group (ASX:APA) comprises two investment schemes, Australian Pipeline Trust and APT.
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