In a report issued on January 25, David Deckelbaum from Cowen & Co. reiterated a Hold rating on Apache (APA), with a price target of $35. The company’s shares closed yesterday at $33.08.
According to TipRanks.com, Deckelbaum has currently no stars on a ranking scale of 0-5 stars, with an average return of -23.9% and a 17.2% success rate. Deckelbaum covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Occidental Petroleum, and Oasis Petroleum Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for Apache with a $35.94 average price target, which is an 8.6% upside from current levels. In a report issued on January 11, Mizuho Securities also reiterated a Hold rating on the stock with a $35 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $50.03 and a one-year low of $24.56. Currently, Apache has an average volume of 5.06M.
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.
