After Anadarko Petroleum’s (APC) 3Q16 earnings release, Wall Street analysts updated their target prices for the next 12 months.
Consensus rating for Anadarko Petroleum
Approximately 73% of the analysts rate Anadarko a “buy,” 22% rate it a “hold,” and 5% rate it a “sell.” Anadarko Petroleum’s average broker target price of $72.52 implies a return of ~21% in the next 12 months.
Analysts’ high, low, and median target prices for Anadarko Petroleum are $108, $42, and $70, respectively. Anadarko Petroleum is part of the SPDR S&P North American Natural Resources ETF (NANR). NANR invests ~1.4% of its portfolio in Anadarko Petroleum.