In a report released today, Biju Perincheril from Susquehanna reiterated a Buy rating on Anadarko Petroleum (APC), with a price target of $62. The company’s shares closed on Friday at $46.26, close to its 52-week low of $40.40.
According to TipRanks.com, Perincheril is a 3-star analyst with an average return of 0.9% and a 42.0% success rate. Perincheril covers the Basic Materials sector, focusing on stocks such as CNX Resources Corporation, Whiting Petroleum Corp, and Continental Resources.
Anadarko Petroleum has an analyst consensus of Strong Buy, with a price target consensus of $77.
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The company has a one-year high of $76.70 and a one-year low of $40.40. Currently, Anadarko Petroleum has an average volume of 5.45M.
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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.
