Citigroup assumed coverage on shares of Andeavor (NYSE:ANDV) in a research note issued on Monday, The Fly reports. The firm set a “neutral” rating on the oil and gas company’s stock.

Other analysts also recently issued research reports about the stock. Evercore ISI upgraded shares of Andeavor to a “buy” rating and set a $128.00 target price for the company in a report on Thursday, November 2nd. Barclays reiterated a “buy” rating and issued a $162.00 target price on shares of Andeavor in a report on Wednesday, January 10th. Zacks Investment Research downgraded shares of Andeavor from a “buy” rating to a “hold” rating in a report on Thursday, October 19th. ValuEngine downgraded shares of Andeavor from a “buy” rating to a “hold” rating in a report on Wednesday, November 22nd. Finally, Wells Fargo & Co increased their target price on shares of Andeavor to $141.00 and gave the company an “outperform” rating in a report on Wednesday, December 6th. Eight equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $121.32.

Andeavor (NYSE ANDV) opened at $118.35 on Monday. Andeavor has a 12 month low of $75.11 and a 12 month high of $121.71. The firm has a market cap of $18,460.00, a price-to-earnings ratio of 24.25, a price-to-earnings-growth ratio of 0.64 and a beta of 1.55. The company has a quick ratio of 0.62, a current ratio of 1.47 and a debt-to-equity ratio of 0.61.

Andeavor (NYSE:ANDV) last released its quarterly earnings data on Wednesday, November 8th. The oil and gas company reported $2.70 earnings per share for the quarter, missing analysts’ consensus estimates of $3.03 by ($0.33). Andeavor had a net margin of 2.35% and a return on equity of 7.15%. The business had revenue of $9.84 billion during the quarter, compared to the consensus estimate of $9.94 billion. The firm’s revenue for the quarter was up 50.3% compared to the same quarter last year. equities research analysts anticipate that Andeavor will post 6.64 EPS for the current fiscal year.

In other news, Director Jeff A. Stevens sold 32,500 shares of Andeavor stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $117.07, for a total value of $3,804,775.00. Following the completion of the transaction, the director now owns 1,503,845 shares in the company, valued at $176,055,134.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul L. Foster sold 51,700 shares of Andeavor stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of $120.97, for a total transaction of $6,254,149.00. The disclosure for this sale can be found here. Insiders have sold 220,888 shares of company stock valued at $25,052,384 in the last 90 days. 0.86% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. Daiwa SB Investments Ltd. purchased a new position in shares of Andeavor in the fourth quarter worth about $106,000. Sun Life Financial INC purchased a new position in shares of Andeavor in the third quarter worth about $110,000. Bollard Group LLC purchased a new position in shares of Andeavor in the third quarter worth about $123,000. Edge Wealth Management LLC purchased a new position in shares of Andeavor in the third quarter worth about $128,000. Finally, Bronfman E.L. Rothschild L.P. purchased a new position in shares of Andeavor in the third quarter worth about $155,000. Hedge funds and other institutional investors own 78.92% of the company’s stock.

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Andeavor Company Profile

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.

The Fly

Analyst Recommendations for Andeavor (NYSE:ANDV)

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