Andeavor Logistics LP (NASDAQ:ANDX)‘s stock had its “hold” rating reiterated by stock analysts at Mizuho in a note issued to investors on Friday. They presently have a $56.00 target price on the stock. Mizuho’s target price would suggest a potential upside of 21.87% from the stock’s current price.

Several other equities research analysts have also recently weighed in on ANDX. Scotiabank restated a “buy” rating and set a $59.00 target price on shares of Andeavor Logistics in a research note on Thursday, August 17th. Zacks Investment Research cut Andeavor Logistics from a “hold” rating to a “sell” rating in a research note on Wednesday. Credit Suisse Group upped their target price on Andeavor Logistics from $59.00 to $63.00 and gave the stock a “neutral” rating in a research note on Friday, August 11th. Mitsubishi UFJ Financial Group upgraded Andeavor Logistics to a “buy” rating and set a $60.00 target price for the company in a research note on Wednesday, August 16th. Finally, Bank of America Corporation cut their target price on Andeavor Logistics from $58.00 to $55.00 and set a “buy” rating for the company in a research note on Wednesday, August 16th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. Andeavor Logistics presently has an average rating of “Hold” and a consensus price target of $59.17.

Andeavor Logistics (NASDAQ ANDX) opened at 45.95 on Friday. The company has a market cap of $4.97 billion and a P/E ratio of 24.18. Andeavor Logistics has a 12 month low of $43.00 and a 12 month high of $60.14. The firm has a 50-day moving average price of $48.75 and a 200 day moving average price of $50.91.

Andeavor Logistics (NASDAQ:ANDX) last released its earnings results on Tuesday, August 8th. The company reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.01). Andeavor Logistics had a return on equity of 15.11% and a net margin of 26.63%. The business had revenue of $413.00 million for the quarter, compared to the consensus estimate of $441.69 million. On average, equities analysts expect that Andeavor Logistics will post $2.61 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: This story was reported by American Banking News and is the property of of American Banking News. If you are reading this story on another domain, it was illegally copied and republished in violation of US & international copyright laws. The original version of this story can be read at

In other Andeavor Logistics news, insider Steven Sterin bought 1,000 shares of the business’s stock in a transaction on Friday, August 25th. The stock was purchased at an average cost of $47.86 per share, for a total transaction of $47,860.00. Following the completion of the purchase, the insider now directly owns 7,338 shares of the company’s stock, valued at $351,196.68. The acquisition was disclosed in a filing with the SEC, which is available at this link.

Andeavor Logistics Company Profile

Andeavor Logistics LP, formerly Tesoro Logistics LP, is a full-service logistics company operating in the western and mid-continent regions of the United States. The Company operates through three segments. Its Gathering segment consists of crude oil, natural gas and produced water gathering systems in the Bakken Region and Rockies Region.

Analyst Recommendations for Andeavor Logistics (NASDAQ:ANDX)

Receive News & Ratings for Andeavor Logistics LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Andeavor Logistics LP and related companies with's FREE daily email newsletter.