Throughout the last three months, 11 analysts have evaluated APA (NASDAQ:APA), offering a diverse set of opinions from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

BullishSomewhat BullishIndifferentSomewhat BearishBearishTotal Ratings12800Last 30D001001M Ago005002M Ago021003M Ago10100

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $25.55, a high estimate of $45.00, and a low estimate of $14.00. Observing a downward trend, the current average is 13.8% lower than the prior average price target of $29.64.

price target chart

Interpreting Analyst Ratings: A Closer Look

A comprehensive examination of how financial experts perceive APA is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

| Analyst | Analyst Firm | Action Taken | Rating |Current Price Target| Prior Price Target ||--------------------|--------------------|---------------|---------------|--------------------|--------------------||Scott Gruber |Citigroup |Lowers |Neutral | $15.00|$20.00 ||Paul Cheng |Scotiabank |Lowers |Sector Perform | $14.00|$26.00 ||Scott Hanold |RBC Capital |Lowers |Sector Perform | $24.00|$27.00 ||Roger Read |Wells Fargo |Lowers |Equal-Weight | $23.00|$25.00 ||Betty Jiang ...

Full story available on Benzinga.com