APA Group Given “Buy” Rating at Deutsche Bank (APA)
APA Group (ASX:APA)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank in a research report issued to clients and investors on Friday. They currently have a $7.50 price target on the stock.
A number of other analysts have also recently weighed in on APA. Analysts at RBC Capital reiterated a “sector perform” rating on shares of APA Group in a research note on Thursday, June 12th. They now have a $6.75 price target on the stock.
Shares of APA Group (ASX:APA) traded down 0.28% during mid-day trading on Friday, hitting A$7.100. 2,694,303 shares of the company’s stock traded hands. APA Group has a 52-week low of A$5.800 and a 52-week high of A$6.980. The stock has a 50-day moving average of A$6.63 and a 200-day moving average of A$6.31.
Australian Pipeline Ltd, formerly APA Group, owns and operates energy infrastructure assets and businesses, including energy infrastructure, primarily gas transmission businesses located across Australia and the Emu Downs Wind Farm in Western Australia; asset management and operations services for the majority of its energy investments and for third parties, and energy investments in listed and unlisted entities.
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