Andeavor (NYSE:ANDV) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

Other research analysts have also issued reports about the stock. BidaskClub upgraded shares of Andeavor from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th. Wells Fargo & Company upped their target price on shares of Andeavor to $141.00 and gave the company an “outperform” rating in a report on Wednesday, December 6th. Royal Bank of Canada restated a “sector perform” rating and issued a $107.00 target price (down from $109.00) on shares of Andeavor in a report on Thursday, November 9th. Zacks Investment Research upgraded shares of Andeavor from a “hold” rating to a “buy” rating and set a $119.00 target price on the stock in a report on Tuesday, October 10th. Finally, Barclays restated an “overweight” rating and issued a $121.00 target price (up from $118.00) on shares of Andeavor in a report on Tuesday, October 10th. Eight analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Andeavor presently has a consensus rating of “Buy” and a consensus price target of $118.68.

Shares of Andeavor (ANDV) opened at $110.38 on Wednesday. Andeavor has a 1 year low of $75.11 and a 1 year high of $112.48. The company has a quick ratio of 0.62, a current ratio of 1.47 and a debt-to-equity ratio of 0.61. The company has a market cap of $17,401.50, a PE ratio of 21.62, a P/E/G ratio of 0.83 and a beta of 1.55.

In other news, Director Michael E. Wiley sold 700 shares of the stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $106.24, for a total transaction of $74,368.00. Following the transaction, the director now directly owns 41,850 shares in the company, valued at approximately $4,446,144. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Keith M. Casey sold 9,000 shares of the stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $103.60, for a total transaction of $932,400.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 54,700 shares of company stock worth $5,881,618. Insiders own 0.86% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. Sun Life Financial INC purchased a new position in shares of Andeavor during the 3rd quarter worth about $110,000. Bollard Group LLC acquired a new stake in Andeavor during the 3rd quarter worth approximately $123,000. Edge Wealth Management LLC acquired a new stake in Andeavor during the 3rd quarter worth approximately $128,000. Bronfman E.L. Rothschild L.P. acquired a new stake in Andeavor during the 3rd quarter worth approximately $155,000. Finally, Robecosam AG acquired a new stake in Andeavor during the 3rd quarter worth approximately $166,000. Institutional investors and hedge funds own 78.85% of the company’s stock.

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About Andeavor

Andeavor, formerly Tesoro Corporation, is an independent petroleum refining, logistics and marketing company. he Company operates through three segments. The Refining operating segment refines crude oil and other feedstocks into transportation fuels, such as gasoline and gasoline blendstocks, jet fuel and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas and petroleum coke for sale in bulk markets to a range of customers within its markets.

Analyst Recommendations for Andeavor (NYSE:ANDV)

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