Anadarko Petroleum Corporation (NYSE:APC) has coverage initiated with a Buy rating and $86.00 price target

ME Staff
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Analyst Ratings For Anadarko Petroleum Corporation (NYSE:APC)

Today, Morgan Stanley initiated coverage on Anadarko Petroleum Corporation (NYSE:APC) with a Equal with a price target of $86.00.

There are 1 sell ratings, 4 hold ratings, 16 buy ratings, 0 strong buy ratings on the stock.

The current consensus rating on Anadarko Petroleum Corporation (NYSE:APC) is Buy with a consensus target price of $70.1111 per share, a potential 4.05% downside.

Some recent analyst ratings include

  • 7/12/2018-Morgan Stanley initiated coverage with a Equal rating.
  • 5/18/2018-SunTrust Banks initiated coverage with a Hold rating.
  • 5/16/2018-Wolfe Research Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
  • 4/18/2018-Piper Jaffray Companies Reiterated Rating of Buy.

Recent Insider Trading Activity For Anadarko Petroleum Corporation (NYSE:APC)
Anadarko Petroleum Corporation (NYSE:APC) has insider ownership of 0.45% and institutional ownership of 88.97%.

  • On 5/18/2017 Anthony R Chase, Director, bought 1,905 with an average share price of $52.48 per share and the total transaction amounting to $99,974.40.
  • On 5/17/2017 Peter J Fluor, Director, bought 20,000 with an average share price of $51.83 per share and the total transaction amounting to $1,036,600.00.
  • On 5/17/2017 R A Walker, Chairman, bought 19,300 with an average share price of $51.82 per share and the total transaction amounting to $1,000,126.00.
  • On 2/8/2017 Randal Chase, Director, bought 25,000 with an average share price of $0.08 per share and the total transaction amounting to $2,000.00.
  • On 1/21/2016 Peter J Fluor, Director, bought 7,527 with an average share price of $30.55 per share and the total transaction amounting to $229,949.85.
  • On 1/7/2016 Peter J Fluor, Director, bought 25,000 with an average share price of $41.19 per share and the total transaction amounting to $1,029,750.00.
  • On 11/13/2015 Peter J Fluor, Director, bought 50,000 with an average share price of $60.82 per share and the total transaction amounting to $3,041,000.00.

About Anadarko Petroleum Corporation (NYSE:APC)
Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs). It also engages in gathering, processing, treating, and transporting oil, natural-gas, and NGLs production, as well as the gathering and disposal of produced water. The company's oil and natural gas properties are located in the U.S. onshore, deepwater Gulf of Mexico; and Algeria, Ghana, Mozambique, Colombia, and other countries. As of December 31, 2017, it had approximately 1.4 billion barrels of oil equivalent of proved reserves. Anadarko Petroleum Corporation was founded in 1959 and is headquartered in The Woodlands, Texas.

Recent Trading Activity for Anadarko Petroleum Corporation (NYSE:APC)
Shares of Anadarko Petroleum Corporation closed the previous trading session at 73.07 −0.28 0.38% with 72.61 shares trading hands.