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Anadarko Petroleum (APC) Gets a Buy Rating from Piper Jaffray


Piper Jaffray analyst Kashy Harrison maintained a Buy rating on Anadarko Petroleum (NYSE: APC) today. The company’s shares opened today at $66.38.

According to TipRanks.com, Harrison is a 3-star analyst with an average return of 4.4% and a 53.7% success rate. Harrison covers the Basic Materials sector, focusing on stocks such as Wildhorse Resource Development Corp, Sanchez Energy Corporation, and Continental Resources.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Anadarko Petroleum with a $88.64 average price target.

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The company has a one-year high of $76.70 and a one-year low of $46.75. Currently, Anadarko Petroleum has an average volume of 4.31M.

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Anadarko Petroleum Corp. is an independent exploration and production company. It operates through the following segments: Oil and Gas Exploration and Production; Midstream; and Marketing. The Oil and Gas Exploration and Production segment explores and produces natural gas, crude oil, condensate, and natural gas liquids.