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.

Keisha Bandz - Author
By

Feb. 6 2017, Updated 7:36 a.m. ET

uploads///ANR

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.

Article continues below advertisement
Article continues below advertisement

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.”

Advertisement

Latest Anadarko Petroleum Corp News and Updates

    Opt-out of personalized ads

    © Copyright 2024 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.