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RBC Capital Sticks to Their Hold Rating for Apache

Investing.com
·1-min read


RBC Capital analyst Scott Hanold maintained a Hold rating on Apache on Wednesday, setting a price target of $12, which is approximately 13.10% above the present share price of $10.61.

Hanold expects Apache to post earnings per share (EPS) of -$11.86 for the second quarter of 2020.

The current consensus among 18 TipRanks analysts is for a Hold rating of shares in Apache, with an average price target of $11.75.
The analysts price targets range from a high of $33 to a low of $4.5.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.34 billion and a net profit of $114 million. The company's market cap is $4 billion.

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According to TipRanks.com, RBC Capital analyst Scott Hanold is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -15.4%% and a 0.31% success rate.

Apache Corp (NYSE:APA). 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.