Stephens analyst Gail Nicholson reiterated a Buy rating on Apache (APA) yesterday and set a price target of $45. The company’s shares closed yesterday at $33.40.
According to TipRanks.com, Nicholson is ranked 0 out of 5 stars with an average return of -16.0% and a 34.4% success rate. Nicholson covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Abraxas Petroleum Corp, and Whiting Petroleum Corp.
Apache has an analyst consensus of Hold, with a price target consensus of $35.69, which is a 6.9% upside from current levels. In a report issued on January 23, Raymond James also maintained a Buy rating on the stock with a $44 price target.
See today’s analyst top recommended stocks >>
Apache’s market cap is currently $12.74B and has a P/E ratio of 14.59. The company has a Price to Book ratio of 1.67.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Apache Corp. operates as an energy company, which engages in the exploration, development and production of natural gas, crude oil, and natural gas liquids. It operates through the following business segments: the United States, Canada, Egypt, North Sea, and Other International.
