Media coverage about Andeavor Logistics (NYSE:ANDX) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Andeavor Logistics earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave press coverage about the oil and gas company an impact score of 45.2570032005214 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
ANDX has been the topic of several recent research reports. Citigroup initiated coverage on shares of Andeavor Logistics in a research note on Monday, January 22nd. They issued a “buy” rating and a $52.52 price objective on the stock. Zacks Investment Research upgraded shares of Andeavor Logistics from a “hold” rating to a “buy” rating and set a $61.00 target price on the stock in a research report on Wednesday, January 17th. Bank of America started coverage on shares of Andeavor Logistics in a research report on Tuesday, January 9th. They set a “buy” rating on the stock. SunTrust Banks set a $50.00 price objective on shares of Andeavor Logistics and gave the stock a “buy” rating in a research report on Friday, November 17th. Finally, Scotiabank set a $59.00 price objective on shares of Andeavor Logistics and gave the stock a “buy” rating in a research report on Thursday, December 7th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $54.15.
Andeavor Logistics (ANDX) opened at $49.94 on Thursday. The company has a market cap of $10,769.06, a PE ratio of 21.25, a PEG ratio of 3.21 and a beta of 1.23. Andeavor Logistics has a one year low of $42.18 and a one year high of $60.14. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 2.15.
In related news, insider Steven Sterin purchased 1,400 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was purchased at an average price of $45.53 per share, for a total transaction of $63,742.00. Following the acquisition, the insider now directly owns 9,714 shares in the company, valued at $442,278.42. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jeff A. Stevens bought 1,144 shares of Andeavor Logistics stock in a transaction dated Monday, December 4th. The shares were acquired at an average price of $46.75 per share, with a total value of $53,482.00. Following the completion of the purchase, the director now owns 2,229 shares in the company, valued at approximately $104,205.75. The disclosure for this purchase can be found here. 0.15% of the stock is currently owned by corporate insiders.
ILLEGAL ACTIVITY WARNING: “Andeavor Logistics (NYSE:ANDX) Earns Daily Coverage Optimism Rating of 0.18” was first posted by Week Herald and is the property of of Week Herald. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://weekherald.com/2018/02/15/andeavor-logistics-andx-earns-news-sentiment-score-of-0-18.html.
About Andeavor Logistics
Andeavor Logistics LP, formerly Tesoro Logistics LP, is a full-service logistics company operating in the western and mid-continent regions of the United States. The Company operates through three segments. Its Gathering segment consists of crude oil, natural gas and produced water gathering systems in the Bakken Region and Rockies Region.
Receive News & Ratings for Andeavor Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Andeavor Logistics and related companies with MarketBeat.com's FREE daily email newsletter.