Shares of Anadarko Petroleum Corp. (NYSE:APC) have been assigned a consensus recommendation of “Buy” from the thirty-six brokerages that are covering the firm. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, twenty-seven have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $69.75.

Several analysts recently issued reports on the company. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Anadarko Petroleum Corp. in a report on Thursday, October 6th. Deutsche Bank AG upgraded Anadarko Petroleum Corp. from a “hold” rating to a “buy” rating and upped their target price for the stock from $64.00 to $77.00 in a report on Thursday, October 13th. Barclays PLC upped their target price on Anadarko Petroleum Corp. from $50.00 to $60.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 4th. Guggenheim upgraded Anadarko Petroleum Corp. from a “neutral” rating to a “buy” rating and set a $80.00 target price on the stock in a report on Friday, November 11th. Finally, Wells Fargo & Co. set a $70.00 target price on Anadarko Petroleum Corp. and gave the stock a “buy” rating in a report on Friday, September 23rd.

Shares of Anadarko Petroleum Corp. (NYSE:APC) opened at 64.05 on Friday. The firm’s market cap is $35.80 billion. Anadarko Petroleum Corp. has a 12-month low of $28.16 and a 12-month high of $65.08. The firm has a 50-day moving average price of $62.15 and a 200-day moving average price of $56.35.

Anadarko Petroleum Corp. (NYSE:APC) last posted its quarterly earnings data on Monday, October 31st. The oil and gas development company reported ($0.89) earnings per share for the quarter, missing the consensus estimate of ($0.54) by $0.35. The firm had revenue of $1.89 billion for the quarter, compared to analyst estimates of $2.19 billion. Anadarko Petroleum Corp. had a negative return on equity of 10.73% and a negative net margin of 50.51%. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the company earned ($0.72) earnings per share. Equities research analysts anticipate that Anadarko Petroleum Corp. will post ($3.05) EPS for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Kanaly Trust Co increased its stake in shares of Anadarko Petroleum Corp. by 44.2% in the second quarter. Kanaly Trust Co now owns 2,004 shares of the oil and gas development company’s stock valued at $107,000 after buying an additional 614 shares in the last quarter. Financial Architects Inc increased its stake in shares of Anadarko Petroleum Corp. by 90.9% in the second quarter. Financial Architects Inc now owns 1,995 shares of the oil and gas development company’s stock valued at $107,000 after buying an additional 950 shares in the last quarter. Security National Trust Co. increased its stake in shares of Anadarko Petroleum Corp. by 4.9% in the second quarter. Security National Trust Co. now owns 2,138 shares of the oil and gas development company’s stock valued at $114,000 after buying an additional 100 shares in the last quarter. Stelac Advisory Services LLC purchased a new stake in shares of Anadarko Petroleum Corp. during the second quarter valued at approximately $117,000. Finally, Argentus Capital Management LLC purchased a new stake in shares of Anadarko Petroleum Corp. during the third quarter valued at approximately $121,000. 81.24% of the stock is owned by hedge funds and other institutional investors.

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Anadarko Petroleum Corp. Company Profile

Anadarko Petroleum Corporation (Anadarko) is an independent exploration and production company. The Company’s segments include Oil and Gas Exploration & Production; Midstream, and Marketing. The Oil and Gas Exploration & Production segment explores for and produces oil, condensate, natural gas and natural gas liquids (NGLs), and focuses on the development and operation of the Company’s liquefied natural gas (LNG) project in Mozambique.

5 Day Chart for NYSE:APC

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