APA Group (APAJF) was downgraded to a Sell Rating at Morgans
Morgans analyst Nathan Lead downgraded APA Group (APAJF – Research Report) to a Sell today and set a price target of A$7.36.
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Lead covers the Industrials sector, focusing on stocks such as Dalrymple Bay Infrastructure Ltd., Transurban Group, and Cleanaway Waste Management. According to TipRanks, Lead has an average return of 2.5% and a 53.13% success rate on recommended stocks.
Currently, the analyst consensus on APA Group is a Moderate Buy with an average price target of $5.49.
APAJF market cap is currently $6.98B and has a P/E ratio of -225.00.
Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of APAJF in relation to earlier this year.
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