Anadarko Petroleum Rating Increased to Buy at Societe Generale (APC)

By admin | 6 years ago

Anadarko Petroleum (NYSE: APC) was upgraded by Societe Generale from a “hold” rating to a “buy” rating in a research note issued on Monday.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Anadarko Petroleum in a research note to investors on Thursday, May 3rd. They now have a $79.00 price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Anadarko Petroleum in a research note to investors on Thursday, May 3rd. Finally, analysts at Citigroup (NYSE: C) raised their EPS on shares of Anadarko Petroleum in a research note to investors on Wednesday, May 2nd. They now have a “buy” rating and a $115.00 price target on the stock.

Anadarko Petroleum traded down 0.29% on Monday, hitting $68.77. Anadarko Petroleum has a 1-year low of $57.11 and a 1-year high of $88.70. The company’s market cap is $34.355 billion.

Anadarko Petroleum last released its earnings data on Monday, April 30th. The company reported $0.92 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.82 by $0.10. The company’s quarterly revenue was up 6.0% on a year-over-year basis. Analysts expect that Anadarko Petroleum will post $1.06 EPS next quarter.

Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. As of December 31, 2011, the Company had over 2.

About the author