Andeavor Receives a Hold from RBC Capital

By Carrie Williams

RBC Capital analyst Brad Heffern reiterated a Hold rating on Andeavor (NYSE: ANDV) yesterday and set a price target of $101. The company’s shares opened today at $106.16, close to its 52-week high of $107.71.

According to TipRanks.com, Heffern is a 5-star analyst with an average return of 18.0% and a 77.3% success rate. Heffern covers the Basic Materials sector, focusing on stocks such as Sanchez Energy Corporation, Approach Resources Inc, and Continental Resources.

Currently, the analyst consensus on Andeavor is Moderate Buy and the average price target is $111.17, representing a 4.7% upside.

In a report issued on September 28, Scotiabank also downgraded the stock to Hold with a $112 price target.

The company has a one-year high of $107.71 and a one-year low of $75.11. Currently, Andeavor has an average volume of 1.41M.

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Andeavor engages in the refining and marketing of petroleum products. The company operates through the following segments: Refining, Logistics and Marketing.