Most Analysts Recommend a ‘Buy’ for Anadarko Petroleum Stock
By Keisha BandzUpdated
Analysts’ price targets
About 76% of the analysts covering Anadarko Petroleum (APC) have rated the stock a “buy,” and 21% have rated it a “hold.” The remaining 3% have rated it as an “underperform.” APC’s average broker target price of $80.67 suggests a potential return of ~16% for the stock over the next 12 months.
The highest rating from an analyst for APC stock is $100, while the lowest target price is ~$70.
Recent rating changes for APC stock
On March 7, UBS initiated coverage on APC stock with a “buy” rating. On the same day, UBS initiated coverage on Apache (APA) with a “sell” rating, Marathon Oil (MRO) with a “neutral” rating, Concho Resources (CXO) with a “buy” rating, and Devon Energy (DVN) with a “neutral” rating.
More recently, SunTrust Robinson initiated coverage on APC stock with a “hold” rating.
