Roth MKM analyst Leo Mariani maintained a Buy rating on APA (APA – Research Report) today and set a price target of $33.00. The company’s shares opened today at $22.58.
Mariani covers the Energy sector, focusing on stocks such as California Resources Corp, Viper Energy, and Talos Energy. According to TipRanks, Mariani has an average return of 31.5% and a 65.44% success rate on recommended stocks.
Currently, the analyst consensus on APA is a Hold with an average price target of $30.70, which is a 35.96% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $42.00 price target.
The company has a one-year high of $37.82 and a one-year low of $21.15. Currently, APA has an average volume of 6.37M.
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APA (APA) Company Description:
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.