Andeavor (NYSE:ANDV) was upgraded by equities researchers at Citigroup from a “neutral” rating to a “buy” rating in a report released on Wednesday.

A number of other research firms also recently weighed in on ANDV. Piper Jaffray Companies restated a “buy” rating and issued a $121.00 price target on shares of Andeavor in a research note on Friday, November 17th. Barclays raised their price target on Andeavor from $121.00 to $147.00 and gave the company an “overweight” rating in a research note on Tuesday, November 14th. ValuEngine downgraded Andeavor from a “buy” rating to a “hold” rating in a research note on Wednesday, December 20th. BidaskClub upgraded Andeavor from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Finally, Wells Fargo & Co raised their price target on Andeavor to $141.00 and gave the company an “outperform” rating in a research note on Wednesday, December 6th. Six analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Andeavor has a consensus rating of “Buy” and an average price target of $124.94.

Andeavor (ANDV) opened at $97.77 on Wednesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.47 and a quick ratio of 0.62. The firm has a market capitalization of $15,230.02, a P/E ratio of 19.83, a price-to-earnings-growth ratio of 0.94 and a beta of 1.39. Andeavor has a one year low of $75.11 and a one year high of $121.71.

In other news, Director Paul L. Foster sold 45,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $108.33, for a total value of $4,874,850.00. Following the completion of the sale, the director now directly owns 1,447,567 shares of the company’s stock, valued at $156,814,933.11. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Paul L. Foster sold 54,400 shares of Andeavor stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $114.99, for a total value of $6,255,456.00. Following the sale, the director now directly owns 1,413,468 shares of the company’s stock, valued at $162,534,685.32. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 298,088 shares of company stock valued at $34,122,422. Insiders own 0.86% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. Daiwa SB Investments Ltd. acquired a new stake in Andeavor during the 4th quarter worth approximately $106,000. Sun Life Financial INC acquired a new stake in Andeavor during the 3rd quarter worth approximately $110,000. Bollard Group LLC acquired a new stake in Andeavor during the 3rd quarter worth approximately $123,000. Cerebellum GP LLC acquired a new stake in Andeavor during the 4th quarter worth approximately $127,000. Finally, Edge Wealth Management LLC acquired a new stake in Andeavor during the 3rd quarter worth approximately $128,000. 79.93% of the stock is owned by institutional investors and hedge funds.

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Andeavor Company Profile

Andeavor, formerly Tesoro Corporation, is an independent petroleum refining, logistics and marketing company. he Company operates through three segments. The Refining operating segment refines crude oil and other feedstocks into transportation fuels, such as gasoline and gasoline blendstocks, jet fuel and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas and petroleum coke for sale in bulk markets to a range of customers within its markets.

Analyst Recommendations for Andeavor (NYSE:ANDV)

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