Shares of Andeavor Logistics LP (NYSE:ANDX) have received an average rating of “Hold” from the sixteen brokerages that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $46.82.
ANDX has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of Andeavor Logistics from a “hold” rating to a “sell” rating in a report on Tuesday, January 15th. ValuEngine cut shares of Andeavor Logistics from a “sell” rating to a “strong sell” rating in a report on Monday, February 4th.
NYSE:ANDX opened at $34.08 on Friday. Andeavor Logistics has a 52 week low of $31.49 and a 52 week high of $50.82. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.52 and a current ratio of 0.52. The company has a market cap of $8.37 billion, a PE ratio of 13.26, a PEG ratio of 1.59 and a beta of 1.59.
A number of institutional investors have recently modified their holdings of the stock. Stifel Financial Corp lifted its position in Andeavor Logistics by 0.6% during the fourth quarter. Stifel Financial Corp now owns 77,687 shares of the oil and gas company’s stock valued at $2,523,000 after purchasing an additional 489 shares during the period. Dynamic Advisor Solutions LLC lifted its position in Andeavor Logistics by 36.1% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 5,750 shares of the oil and gas company’s stock valued at $208,000 after purchasing an additional 1,525 shares during the period. Bessemer Group Inc. bought a new position in Andeavor Logistics during the fourth quarter valued at approximately $56,000. Tower Research Capital LLC TRC bought a new position in Andeavor Logistics during the third quarter valued at approximately $106,000. Finally, BlackRock Inc. lifted its position in Andeavor Logistics by 1.3% during the fourth quarter. BlackRock Inc. now owns 259,304 shares of the oil and gas company’s stock valued at $8,425,000 after purchasing an additional 3,293 shares during the period. Institutional investors own 34.40% of the company’s stock.
Andeavor Logistics Company Profile
Andeavor Logistics LP operates as a diversified midstream company in the United States. The Terminalling and Transportation segment comprises the Northwest Products Pipeline, including a regulated common carrier products pipeline running from Salt Lake City, Utah to Spokane, Washington and a jet fuel pipeline to the Salt Lake City International Airport; a regulated common carrier refined products pipeline system connecting its refinery to its terminals in Anchorage, Alaska; tankage and related equipment at the refinery; and crude oil and refined products terminals and storage facilities in the western, and southwest and midwestern U.S.
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