Shares of Anadarko Petroleum Corporation (APC) stock are up more than 32% Friday after the company announced that it will be acquired by Chevron (CVX) in a cash and stock deal totaling $33 billion, or $65 per share. APC stock is down -2.06% over the last 12 months, and the average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives APC stock a score of 60 out of a possible 100.
That score is chiefly influenced by a short-term technical score of 64. APC’s score also includes a fundamental score of 60. In addition to the average rating from Wall Street analysts, APC stock has a mean target price of $68.44. This means analysts expect the stock to rise 10.57% over the next 12 months. The long-term technical score for APC is 55.
What’s Happening with APC Stock Today
Anadarko Petroleum Corporation (APC) stock has risen 32.26% while the S&P 500 has risen 0.61% as of 10:53 AM on Friday, Apr 12. APC has risen $15.10 from the previous closing price of $46.80 on volume of 48,953,075 shares. Over the past year the S&P 500 is higher by 9.99% while APC is down -2.06%. APC earned $1.39 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 44.5.