In a report released today, Ryan Todd from Piper Jaffray reiterated a Hold rating on Apache (APA), with a price target of $35. The company’s shares opened today at $29.76.
According to TipRanks.com, Todd is a 1-star analyst with an average return of -1.6% and a 44.3% success rate. Todd covers the Basic Materials sector, focusing on stocks such as Wildhorse Resource Development Corp, Whiting Petroleum Corp, and Continental Resources.
Apache has an analyst consensus of Hold, with a price target consensus of $39.13, a 31.5% upside from current levels. In a report issued on January 7, BMO Capital also reiterated a Hold rating on the stock with a $29 price target.
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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 4.82M.
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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.
