Athabasca Oil Corp (ATH) Given Consensus Rating of “Hold” by Analysts
Athabasca Oil Corp (TSE:ATH) has received a consensus rating of “Hold” from the seven research firms that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$1.82.
Several equities research analysts recently issued reports on ATH shares. Raymond James Financial reduced their target price on shares of Athabasca Oil from C$1.50 to C$1.25 in a report on Monday, February 5th. 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 for the company in a report on Thursday, December 7th. Eight Capital set a C$2.30 price objective on shares of Athabasca Oil and gave the company a “buy” rating in a report on Thursday, January 11th. Finally, Barclays increased their price objective on shares of Athabasca Oil from C$1.00 to C$1.50 in a report on Wednesday, January 17th.
Athabasca Oil (TSE:ATH) traded down C$0.04 during trading on Monday, reaching C$0.98. 1,024,700 shares of the company traded hands, compared to its average volume of 883,940. The stock has a market cap of $509.78, a price-to-earnings ratio of -0.51 and a beta of 1.15. Athabasca Oil has a one year low of C$0.85 and a one year high of C$1.91.
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.
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