Anadarko Petroleum (NYSE:APC): Stifel Nicolaus Reiterates Buy Rating Today, Has a Target of $73.0000/Share

April 25, 2018 - By Maria Brooks

Anadarko Petroleum Corporation (NYSE:APC) Logo

Investors sentiment increased to 0.88 in Q4 2017. Its up 0.04, from 0.84 in 2017Q3. It improved, as 60 investors sold Anadarko Petroleum Corporation shares while 255 reduced holdings. 91 funds opened positions while 187 raised stakes. 454.79 million shares or 2.87% less from 468.24 million shares in 2017Q3 were reported.

Markston Intll Ltd invested in 62,453 shares or 0.35% of the stock. Of Virginia Ltd Liability Co accumulated 44,030 shares. Regents Of The University Of California stated it has 0.37% in Anadarko Petroleum Corporation (NYSE:APC). Oxbow Advisors Limited Liability Company invested in 40,229 shares or 0.4% of the stock. Systematic Financial Management Ltd Partnership holds 6,300 shares. Wells Fargo And Mn invested in 4.54 million shares or 0.07% of the stock. Moreover, Lazard Asset Llc has 0.02% invested in Anadarko Petroleum Corporation (NYSE:APC) for 160,044 shares. Great West Life Assurance Com Can reported 0.05% in Anadarko Petroleum Corporation (NYSE:APC). Tower Research Capital Lc (Trc) holds 0.09% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC) for 12,401 shares. Motco has 0% invested in Anadarko Petroleum Corporation (NYSE:APC) for 50 shares. Marshall Wace Limited Liability Partnership holds 0.62% or 274,804 shares. Cap Innovations Ltd Liability Company owns 19,629 shares. Los Angeles Cap Management Equity Rech holds 0% or 3,889 shares. Texas Permanent School Fund reported 149,369 shares. Wright Invsts Ser Inc stated it has 0.42% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC).

Anadarko Petroleum (NYSE:APC) Rating Reaffirmed

Anadarko Petroleum (NYSE:APC) just had their share rating of a ‘Buy’ issued by research analysts at Stifel Nicolaus, who now has a $73.0000 PT on the $34.26B market cap company or a 9.81 % upside potential. This key information was released in a report on Monday morning.

Investors sentiment increased to 0.88 in Q4 2017. Its up 0.04, from 0.84 in 2017Q3. It improved, as 60 investors sold Anadarko Petroleum Corporation shares while 255 reduced holdings. 91 funds opened positions while 187 raised stakes. 454.79 million shares or 2.87% less from 468.24 million shares in 2017Q3 were reported.

Markston Intll Ltd invested in 62,453 shares or 0.35% of the stock. Of Virginia Ltd Liability Co accumulated 44,030 shares. Regents Of The University Of California stated it has 0.37% in Anadarko Petroleum Corporation (NYSE:APC). Oxbow Advisors Limited Liability Company invested in 40,229 shares or 0.4% of the stock. Systematic Financial Management Ltd Partnership holds 6,300 shares. Wells Fargo And Mn invested in 4.54 million shares or 0.07% of the stock. Moreover, Lazard Asset Llc has 0.02% invested in Anadarko Petroleum Corporation (NYSE:APC) for 160,044 shares. Great West Life Assurance Com Can reported 0.05% in Anadarko Petroleum Corporation (NYSE:APC). Tower Research Capital Lc (Trc) holds 0.09% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC) for 12,401 shares. Motco has 0% invested in Anadarko Petroleum Corporation (NYSE:APC) for 50 shares. Marshall Wace Limited Liability Partnership holds 0.62% or 274,804 shares. Cap Innovations Ltd Liability Company owns 19,629 shares. Los Angeles Cap Management Equity Rech holds 0% or 3,889 shares. Texas Permanent School Fund reported 149,369 shares. Wright Invsts Ser Inc stated it has 0.42% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC).

Anadarko Petroleum Corporation (NYSE:APC) Ratings Coverage

Among 15 analysts covering Anadarko Petroleum (NYSE:APC), 12 have Buy rating, 1 Sell and 2 Hold. Therefore 80% are positive. Anadarko Petroleum has $8500 highest and $39 lowest target. $69.23’s average target is 4.14% above currents $66.48 stock price. Anadarko Petroleum had 36 analyst reports since November 1, 2017 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $61.0 target in Wednesday, December 20 report. The stock of Anadarko Petroleum Corporation (NYSE:APC) earned “Buy” rating by Stifel Nicolaus on Wednesday, February 7. The rating was maintained by Barclays Capital on Monday, November 20 with “Underweight”. Stifel Nicolaus maintained the shares of APC in report on Monday, January 29 with “Buy” rating. Barclays Capital maintained the stock with “Sell” rating in Thursday, December 21 report. BMO Capital Markets upgraded it to “Outperform” rating and $57 target in Friday, November 17 report. The firm has “Buy” rating by Cowen & Co given on Thursday, January 18. The rating was maintained by Jefferies on Monday, March 19 with “Buy”. The rating was maintained by RBC Capital Markets on Thursday, November 2 with “Buy”. On Thursday, February 8 the stock rating was upgraded by Macquarie Research to “Outperform”.

The stock increased 0.59% or $0.39 during the last trading session, reaching $66.48. About 1.49 million shares traded. Anadarko Petroleum Corporation (NYSE:APC) has risen 1.43% since April 25, 2017 and is uptrending. It has underperformed by 10.12% the S&P500.

Analysts await Anadarko Petroleum Corporation (NYSE:APC) to report earnings on May, 1 after the close. They expect $0.37 earnings per share, up 161.67 % or $0.97 from last year’s $-0.6 per share. APC’s profit will be $190.67M for 44.92 P/E if the $0.37 EPS becomes a reality. After $0.18 actual earnings per share reported by Anadarko Petroleum Corporation for the previous quarter, Wall Street now forecasts 105.56 % EPS growth.

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of gas and oil properties. The company has market cap of $34.26 billion. It operates through three divisions: Oil and Gas Exploration and Production, Midstream, and Marketing. It currently has negative earnings. The Oil and Gas Exploration and Production segment explores for and produces oil, natural gas, and natural gas liquids .

Anadarko Petroleum Corporation (NYSE:APC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.