APA Group Price Target Lowered to $5.90 at Credit Suisse (APA)
Equities research analysts at Credit Suisse decreased their price target on shares of APA Group (ASX:APA) from $6.10 to $5.90 in a research note issued to investors on Thursday, Analyst Ratings Network.com reports. The firm currently has an “underperform” rating on the stock.
APA Group (ASX:APA) traded up 1.10% during mid-day trading on Thursday, hitting A$5.965. 737,862 shares of the company’s stock traded hands. APA Group has a 52-week low of A$4.570 and a 52-week high of A$6.970. The stock has a 50-day moving average of A$6.09 and a 200-day moving average of A$6.12.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of APA Group in a research note to investors on Friday, August 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average 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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