Anadarko Petroleum PT Raised to $125.00 at Mizuho (APC)
Analysts at Mizuho upped their target price on shares of Anadarko Petroleum (NYSE:APC) from $118.00 to $125.00 in a research report issued to clients and investors on Friday. The firm currently has a “buy” rating on the stock. Mizuho’s price objective would indicate a potential upside of 14.58% from the company’s current price.
A number of other analysts have also recently weighed in on APC. Analysts at Argus raised their price target on shares of Anadarko Petroleum from $115.00 to $120.00 in a research note on Thursday, June 19th. They now have a “buy” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Anadarko Petroleum in a research note on Wednesday, June 11th. They now have a $126.00 price target on the stock, up previously from $116.00. Finally, analysts at Raymond James raised their price target on shares of Anadarko Petroleum from $118.00 to $120.00 in a research note on Tuesday, May 27th. Seven equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $114.76.
Anadarko Petroleum (NYSE:APC) traded down 0.16% on Friday, hitting $108.92. 1,217,506 shares of the company’s stock traded hands. Anadarko Petroleum has a 52-week low of $73.60 and a 52-week high of $112.06. The stock’s 50-day moving average is $103.9 and its 200-day moving average is $90.30. The company’s market cap is $55.010 billion.
Anadarko Petroleum (NYSE:APC) last issued its quarterly earnings data on Monday, May 5th. The company reported $1.26 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.16 by $0.10. The company had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $3.87 billion. During the same quarter in the prior year, the company posted $1.08 earnings per share. On average, analysts predict that Anadarko Petroleum will post $5.23 earnings per share for the current fiscal year.
Anadarko Petroleum Corporation (NYSE:APC) is an independent exploration and production company.
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