Athabasca Oil Corp (TSE:ATH) has been assigned an average rating of “Hold” from the eight ratings firms that are currently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is C$1.96.

Separately, BMO Capital Markets raised shares of Athabasca Oil from an “underperform” rating to a “market perform” rating and set a C$1.30 price objective on the stock in a research note on Thursday.

Shares of Athabasca Oil (ATH) traded down C$0.01 during mid-day trading on Thursday, reaching C$1.12. 889,100 shares of the company’s stock were exchanged, compared to its average volume of 1,185,480. Athabasca Oil has a 1 year low of C$0.85 and a 1 year high of C$2.14.

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About Athabasca Oil

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.

Analyst Recommendations for Athabasca Oil (TSE:ATH)

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