Royal Bank Of Canada Reaffirms Sector Perform Rating for Athabasca Oil Corp (ATH)
Royal Bank Of Canada reaffirmed their sector perform rating on shares of Athabasca Oil Corp (TSE:ATH) in a report released on Thursday morning, StockTargetPrices.com reports. They currently have a C$2.00 target price on the oil and gas exploration company’s stock.
ATH has been the topic of a number of other research reports. Dundee Securities upped their target price on shares of Athabasca Oil Corp from C$1.30 to C$1.50 in a research report on Thursday, July 28th. Desjardins set a C$1.75 target price on shares of Athabasca Oil Corp in a research report on Tuesday, June 28th. Raymond James Financial Inc. set a C$2.50 target price on shares of Athabasca Oil Corp in a research report on Monday, June 6th. Canaccord Genuity upped their target price on shares of Athabasca Oil Corp from C$2.00 to C$2.25 and gave the company a buy rating in a research report on Tuesday, June 21st. Finally, TD Securities cut shares of Athabasca Oil Corp from a speculative buy rating to a hold rating and decreased their target price for the company from C$2.50 to C$1.75 in a research report on Thursday, July 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of C$1.82.
Athabasca Oil Corp (TSE:ATH) opened at 1.17 on Thursday. Athabasca Oil Corp has a 12 month low of $0.91 and a 12 month high of $1.95. The stock has a 50 day moving average of $1.24 and a 200-day moving average of $1.25. The stock’s market cap is $475.11 million.
In other news, Director Bryan Begley bought 25,000 shares of the business’s stock in a transaction that occurred on Friday, August 5th. The shares were purchased at an average cost of C$1.25 per share, for a total transaction of C$31,250.00.
Athabasca Oil Corp Company Profile
Athabasca Oil Corporation is a Canada-based energy company, which is focused on the exploration for, and development and production of, light oil and liquids-rich natural gas from regions in northwestern Alberta, Canada, and bitumen from oil sands in the Athabasca region of northeastern Alberta, Canada.
Receive News & Ratings for Athabasca Oil Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Athabasca Oil Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.