In a report released on August 5, Michael Scialla from Stifel Nicolaus maintained a Buy rating on APA (APA – Research Report), with a price target of $54.00. The company’s shares closed yesterday at $32.21.
Scialla covers the Utilities sector, focusing on stocks such as Occidental Petroleum, W&T Offshore, and CNX Resources. According to TipRanks, Scialla has an average return of -1.2% and a 35.89% success rate on recommended stocks.
Currently, the analyst consensus on APA is a Moderate Buy with an average price target of $53.20, representing a 65.17% upside. In a report released on August 5, Susquehanna also maintained a Buy rating on the stock with a $49.00 price target.
The company has a one-year high of $51.95 and a one-year low of $15.55. Currently, APA has an average volume of 8.91M.
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Apache Corp. operates as an energy company, which engages in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company was founded by Truman Anderson, Raymond Plank, and Charles Arnao on December 6, 1954 and is headquartered in Houston, TX.
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