Breaking: JP Morgan Maintains $133 Target Price per Share On Andeavor (ANDV) Shares, Maintains Their Original “Overweight” Rating

March 14, 2018 - By Dolores Ford

 Breaking: JP Morgan Maintains $133 Target Price per Share On Andeavor (ANDV) Shares, Maintains Their Original

Andeavor (ANDV) Rating Reaffirmed

Andeavor (ANDV) just had their share rating of a ‘”Overweight”‘ issued by research analysts at JP Morgan, who now has a $133 price target on the $15.15 billion market cap company or a 34.52 % upside potential. This key information was disclosed in analysts note on 13 March.

Andeavor (NYSE:ANDV) Ratings Coverage

Among 8 analysts covering Andeavor (ANDV), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Andeavor has $153.0 highest and $109.0 lowest target. $134.13’s average target is 35.66% above currents $98.87 stock price. Andeavor had 15 analyst reports since December 5, 2017 according to SRatingsIntel. Jefferies maintained Andeavor (NYSE:ANDV) rating on Wednesday, January 24. Jefferies has “Hold” rating and $120.0 target. The rating was reinitiated by Credit Suisse with “Outperform” on Wednesday, March 7. Citigroup upgraded the shares of ANDV in report on Wednesday, February 14 to “Buy” rating. Scotia Capital maintained the stock with “Hold” rating in Wednesday, January 10 report. JP Morgan maintained Andeavor (NYSE:ANDV) on Tuesday, February 20 with “Overweight” rating. The rating was maintained by Piper Jaffray on Sunday, January 21 with “Buy”. As per Wednesday, December 6, the company rating was upgraded by Wells Fargo. The company was maintained on Wednesday, December 20 by Jefferies. The stock has “Hold” rating by RBC Capital Markets on Tuesday, January 30. The stock has “Hold” rating by RBC Capital Markets on Tuesday, December 5.

The stock increased 0.30% or $0.3 during the last trading session, reaching $98.87. About 651,737 shares traded. Andeavor (ANDV) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await Andeavor (NYSE:ANDV) to report earnings on May, 14. They expect $1.36 EPS, up 161.54 % or $0.84 from last year’s $0.52 per share. ANDV’s profit will be $208.41M for 18.17 P/E if the $1.36 EPS becomes a reality. After $0.37 actual EPS reported by Andeavor for the previous quarter, Wall Street now forecasts 267.57 % EPS growth.

Andeavor, through its subsidiaries, operates as an independent petroleum refining, logistics, and marketing firm in the United States. The company has market cap of $15.15 billion. The firm operates through three divisions: Refining, TLLP, and Marketing. It has a 9.15 P/E ratio. The Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline and gasoline blend stocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, calcined coke, and asphalt.

More important recent Andeavor (NYSE:ANDV) news were published by: which released: “San Antonio-based refiner Andeavor beats earnings on tax reform benefit” on February 15, 2018, also published article titled: “Andeavor (ANDV) Shares Enter Oversold Territory”, published: “Andeavor expands footprint in Mexico’s growing fuels market” on February 21, 2018. More interesting news about Andeavor (NYSE:ANDV) was released by: and their article: “Can Andeavor Logistics LP Keep Increasing Its Dividend?” with publication date: February 28, 2018.

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