What Analysts Recommend for Anadarko after Its 4Q16 Earnings
The average broker target price of $81.65 for Anadarko Petroleum implies a potential return of ~19.4% for the stock in the next 12 months.
Feb. 6 2017, Updated 7:36 a.m. ET
Analysts’ price targets
Approximately 82% of analysts rate Anadarko Petroleum (APC) as a “buy.” The average broker target price of $81.65 for Anadarko implies a potential return of ~19.4% for the stock in the next 12 months.
Anadarko Petroleum’s high target price stands at $110. Its low target price is $62. APC makes up 2.4% of the Vanguard Energy ETF (VDE). Anadarko Petroleum also makes up part of the SPDR S&P North American Natural Resources ETF (NANR). NANR invests ~1.4% of its portfolio in Anadarko Petroleum.
Recent upgrades and downgrades on APC stock
On February 1, 2017, Atlantic Equities upgraded its rating for APC from “underweight” to “neutral.” On January 3, 2017, Raymond James downgraded its rating for APC from “outperform” to “market perform.” On December 9, 2016, Seaport Global Securities downgraded its rating for APC from “accumulate” to “neutral.”
