Anadarko Petroleum Co. (NASDAQ:APC) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analyst consensus: Six analysts give Anadarko Petroleum a "Moderate Buy" rating (2 holds, 3 buys, 1 strong buy) with an average 12‑month price target of $21.60.
• Multiple firms initiated coverage on March 9 with ratings from neutral to strong‑buy and price targets of $20–$23; Raymond James led with a strong‑buy and a $23 target.
• Snapshot: APC opened at $18.41, has a market cap of $9.25 billion and a P/E ratio of 8.15.

Anadarko Petroleum Co. (NASDAQ:APC - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the six analysts that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $21.60.

A number of equities research analysts recently issued reports on the company. Mizuho assumed coverage on Anadarko Petroleum in a research note on Monday, March 9th. They issued a "neutral" rating and a $20.00 target price on the stock. Stifel Nicolaus began coverage on Anadarko Petroleum in a research note on Monday, March 9th. They issued a "buy" rating and a $22.00 target price on the stock. Raymond James Financial began coverage on Anadarko Petroleum in a research note on Monday, March 9th. They set a "strong-buy" rating and a $23.00 price target on the stock. Capital One Financial began coverage on Anadarko Petroleum in a research note on Monday, March 9th. They set an "overweight" rating and a $21.00 price target on the stock. Finally, UBS Group began coverage on Anadarko Petroleum in a research note on Monday, March 9th. They set a "buy" rating and a $22.00 price target on the stock.

Anadarko Petroleum Price Performance

APC stock opened at $18.41 on Thursday. Anadarko Petroleum has a 1 year low of $40.40 and a 1 year high of $76.23. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.92 and a current ratio of 0.92. The stock's 50 day moving average price is $72.99 and its 200 day moving average price is $62.87. The firm has a market cap of $9.25 billion, a P/E ratio of 8.15, a PEG ratio of 5.64 and a beta of 1.64.

Anadarko Petroleum Company Profile

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs). It is also involved in gathering, processing, treating, and transporting oil, natural-gas, and NGLs production, as well as the gathering and disposal of produced water. The company's oil and natural gas properties are located in the United States onshore and deepwater Gulf of Mexico; and Algeria, Ghana, Mozambique, Colombia, Peru, and other countries.

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