Andeavor Logistics LP (NYSE:ANDX) has coverage initiated with a Underperform rating and $46.00 price target

Analyst Ratings For Andeavor Logistics LP (NYSE:ANDX)

Story continues below

Today, Credit Suisse Group initiated coverage on Andeavor Logistics LP (NYSE:ANDX) with a Underperform with a price target of $46.00.

There are 9 Hold Ratings, 6 Buy Ratings, 2 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Andeavor Logistics LP (NYSE:ANDX) is Hold with a consensus target price of $52.1875 per share, a potential 7.94% upside.

Some recent analyst ratings include

  • 10/11/2018-Andeavor Logistics LP (NYSE:ANDX) has coverage initiated with a Underperform rating and $46.00 price target
  • 7/18/2018-Andeavor Logistics LP (NYSE:ANDX) gets downgraded to Underperform by Bank of America with a price target of $55.00
  • 6/1/2018-Andeavor Logistics LP (NYSE:ANDX) had its Neutral rating reiterated by JPMorgan Chase & Co.

    About Andeavor Logistics LP (NYSE:ANDX)
    Andeavor Logistics LP operates as a diversified midstream company in the United States. The Terminalling and Transportation segment comprises the Northwest Products Pipeline, including a regulated common carrier products pipeline running from Salt Lake City, Utah to Spokane, Washington and a jet fuel pipeline to the Salt Lake City International Airport; a regulated common carrier refined products pipeline system connecting its refinery to its terminals in Anchorage, Alaska; tankage and related equipment at the refinery; and crude oil and refined products terminals and storage facilities in the western, and southwest and midwestern U.S. This segment also consists of marine terminals in California and Washington; a rail-car unloading and petroleum coke handling facilities; marine terminals; a manifest rail facility; an asphalt trucking operation; a petroleum coke handling and storage facility; asphalt terminalling and processing services; and other pipelines, which transport products and crude oil from its refineries to nearby facilities in Salt Lake City and Los Angeles. The Gathering and Processing segment includes crude oil and natural gas pipeline gathering systems in the Bakken Shale/Williston Basin area of North Dakota and Montana; the Green River Basin, Uinta Basin, and Vermillion Basin in the states of Utah, Colorado, and Wyoming; the Delaware Basin in the Permian Basin area of West Texas and Southern New Mexico; and the Four Corners area of Northwestern New Mexico, as well as crude trucking operations, and gas processing and fractionation complexes. The Wholesale segment consists of bulk petroleum distribution facilities and a fleet of refined product delivery trucks. Tesoro Logistics GP, LLC operates as the general partner of the company. The company was formerly known as Tesoro Logistics LP and changed its name to Andeavor Logistics LP in August 2017. Andeavor Logistics LP was founded in 2010 and is headquartered in San Antonio, Texas.

    Recent Trading Activity for Andeavor Logistics LP (NYSE:ANDX)
    Shares of Andeavor Logistics LP closed the previous trading session at 48,35 −1,08 2,18 % with 49.25 shares trading hands.

    An ad to help with our costs