In a report released today, Tom Allen from UBS downgraded APA Group to a Sell, with a price target of A$7.50. The company’s shares closed last Thursday at $5.21.
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According to TipRanks, Allen is a 4-star analyst with an average return of 9.1% and a 62.34% success rate. Allen covers the Energy sector, focusing on stocks such as Beach Energy , Santos Limited, and Ampol Limited.
Currently, the analyst consensus on APA Group is a Hold with an average price target of $5.51.
The company has a one-year high of $6.03 and a one-year low of $3.66. Currently, APA Group has an average volume of 1,779.
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