Raymond James Keeps a Buy Rating on Apache (APA)
Raymond James analyst John Freeman maintained a Buy rating on Apache (APA) today. The company’s shares closed last Thursday at $18.35.
According to TipRanks.com, Freeman has 0 stars on 0-5 stars ranking scale with an average return of -6.5% and a 36.9% success rate. Freeman covers the Utilities sector, focusing on stocks such as National Fuel Gas Company, Continental Resources, and Black Stone Minerals.
Apache has an analyst consensus of Moderate Buy, with a price target consensus of $16.00, implying a -13.0% downside from current levels. In a report released today, Truist Financial also upgraded the stock to Buy.
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The company has a one-year high of $33.77 and a one-year low of $3.80. Currently, Apache has an average volume of 11.43M.
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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. The company was founded by Truman Anderson, Raymond Plank, and Charles Arnao on December 6, 1954 and is headquartered in Houston, TX.