APA - APA Stock Forecast, Price & News

APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. The company also operates gathering, processing, and transmission assets in West Texas, as well as holds ownership in four Permian-to-Gulf Coast pipelines. APA Corporation was founded in 1954 and is based in Houston, Texas.

APA Price Performance

APA traded up $0.47 during trading on Tuesday, reaching $32.68. 6,252,475 shares of the company's stock were exchanged, compared to its average volume of 9,347,777. APA has a one year low of $15.55 and a one year high of $51.95. The stock has a fifty day moving average price of $37.88.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Morgan Stanley lifted their price target on shares of APA from $41.00 to $57.00 and gave the company an "overweight" rating in a report on Friday, April 22nd. MKM Partners reaffirmed a "buy" rating and set a $45.00 price target on shares of APA in a report on Wednesday, July 20th. Piper Sandler decreased their price target on shares of APA from $54.00 to $47.00 and set a "neutral" rating on the stock in a report on Friday, July 22nd. Susquehanna Bancshares reduced their target price on shares of APA from $52.00 to $49.00 and set a "positive" rating on the stock in a report on Friday. Finally, The Goldman Sachs Group boosted their target price on shares of APA from $46.50 to $52.50 and gave the stock a "neutral" rating in a report on Tuesday, April 26th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $51.08.