Anadarko Petroleum (APC) Forms $59.19 Double Top; Jaffray Companies Piper (PJC) Sentiment Is 1.09

Anadarko Petroleum Corporation (APC) formed double top with $62.15 target or 5.00% above today’s $59.19 share price. Anadarko Petroleum Corporation (APC) has $31.52 billion valuation. The stock increased 0.41% or $0.24 during the last trading session, reaching $59.19. About 285,177 shares traded. Anadarko Petroleum Corporation (NYSE:APC) has risen 8.29% since March 6, 2017 and is uptrending. It has underperformed by 8.41% the S&P500.

Piper Jaffray Companies operates as an investment bank and asset management firm that serves firms, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. The company has market cap of $1.34 billion. The companyÂ’s Capital Markets segment offers investment banking and institutional sales, trading, and research services for various equity and fixed income products. It currently has negative earnings. It raises capital through equity financings; provides advisory services relating to mergers and acquisitions, equity private placements, and debt advisory services for corporate clients; underwrites debt issuances; and offers municipal financial advisory and loan placement services, as well as various over-the-counter derivative products.

The stock increased 1.67% or $1.45 during the last trading session, reaching $88.45. About 24,620 shares traded. Piper Jaffray Companies (PJC) has risen 43.41% since March 6, 2017 and is uptrending. It has outperformed by 26.71% the S&P500.

Matarin Capital Management Llc holds 0.64% of its portfolio in Piper Jaffray Companies for 126,707 shares. Greenwich Wealth Management Llc owns 59,632 shares or 0.61% of their US portfolio. Moreover, Systematic Financial Management Lp has 0.24% invested in the company for 196,050 shares. The Missouri-based Kennedy Capital Management Inc. has invested 0.22% in the stock. United Fire Group Inc, a Iowa-based fund reported 8,329 shares.

Since January 1, 0001, it had 0 buys, and 2 sales for $5.63 million activity.

Analysts await Anadarko Petroleum Corporation (NYSE:APC) to report earnings on May, 1. They expect $0.30 EPS, up 150.00% or $0.90 from last year’s $-0.6 per share. APC’s profit will be $159.75 million for 49.33 P/E if the $0.30 EPS becomes a reality. After $0.18 actual EPS reported by Anadarko Petroleum Corporation for the previous quarter, Wall Street now forecasts 66.67% EPS growth.

Investors sentiment increased to 0.84 in 2017 Q3. Its up 0.02, from 0.82 in 2017Q2. It increased, as 54 investors sold Anadarko Petroleum Corporation shares while 267 reduced holdings. 93 funds opened positions while 178 raised stakes. 468.24 million shares or 0.20% less from 469.17 million shares in 2017Q2 were reported. Nbt Financial Bank N A has 4,165 shares. Natixis invested in 93,478 shares. Chilton Mgmt has invested 0.76% in Anadarko Petroleum Corporation (NYSE:APC). Mitchell Mcleod Pugh And Williams Inc owns 8,900 shares. Brown Advisory Ltd Llc owns 6,972 shares. Perigon Wealth Mgmt Ltd Limited Liability Company holds 0.06% or 4,000 shares. Fifth Third Bankshares accumulated 2,719 shares or 0% of the stock. Wolverine Asset Management Limited Liability Company holds 0.05% in Anadarko Petroleum Corporation (NYSE:APC) or 86,815 shares. Aqr Capital Mgmt Ltd Limited Liability Company has invested 0.05% in Anadarko Petroleum Corporation (NYSE:APC). Meiji Yasuda Asset Management invested 0.22% in Anadarko Petroleum Corporation (NYSE:APC). Principal Gp stated it has 785,804 shares or 0.04% of all its holdings. Westport Asset Management has invested 0.94% in Anadarko Petroleum Corporation (NYSE:APC). Agf Invests reported 42,940 shares. Paloma Prns Mgmt Co accumulated 30,166 shares or 0.02% of the stock. Neuberger Berman Grp Inc Limited Liability Company owns 360,395 shares or 0.02% of their US portfolio.

Among 39 analysts covering Anadarko Petroleum Corporation (NYSE:APC), 32 have Buy rating, 2 Sell and 5 Hold. Therefore 82% are positive. Anadarko Petroleum Corporation has $109 highest and $4 lowest target. $70.78’s average target is 19.58% above currents $59.19 stock price. Anadarko Petroleum Corporation had 132 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained Anadarko Petroleum Corporation (NYSE:APC) rating on Tuesday, January 30. Jefferies has “Buy” rating and $75.0 target. The rating was maintained by BMO Capital Markets with “Outperform” on Thursday, February 8. The firm has “Neutral” rating given on Monday, November 2 by Guggenheim. The rating was maintained by Nomura with “Buy” on Tuesday, May 3. The company was maintained on Thursday, January 18 by Cowen & Co. The company was maintained on Wednesday, October 11 by Barclays Capital. Stifel Nicolaus maintained the shares of APC in report on Friday, September 1 with “Buy” rating. The company was maintained on Tuesday, October 10 by BMO Capital Markets. On Thursday, December 21 the stock rating was initiated by Piper Jaffray with “Buy”. Barclays Capital maintained it with “Equal-Weight” rating and $33 target in Wednesday, February 3 report.

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