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Bank of America Securities Keeps Their Sell Rating on APA (APA)

Tipranks - Tipranks - Sat Jan 17, 7:44AM CST

Bank of America Securities analyst Kalei Akamine reiterated a Sell rating on APA today and set a price target of $23.00.

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According to TipRanks, Akamine is an analyst with an average return of -1.4% and a 47.50% success rate. Akamine covers the Energy sector, focusing on stocks such as Devon Energy, Ovintiv, and National Fuel Gas Company.

Currently, the analyst consensus on APA is a Hold with an average price target of $25.39.

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Based on APA’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.12 billion and a net profit of $205 million. In comparison, last year the company earned a revenue of $2.53 billion and had a GAAP net loss of $223 million

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