In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Athabasca Oil (TSX: ATH). Analyst Nick Lupick from AltaCorp Captial reiterated a Buy rating, with a C$2.25 price target yesterday.
According to TipRanks.com, Lupick is ranked #1833 out of 4873 analysts.
Currently, the analyst consensus on Athabasca Oil is a Strong Buy with an average price target of C$2.54.
The company has a one-year high of C$1.98 and a one-year low of C$0.85. Currently, Athabasca Oil has an average volume of 1.84M.
Athabasca Oil Corp. focuses on the sustainable development of light oil resources in northwestern Alberta and oil sands in the Athabasca region in northeastern Alberta. It operates through the following business units: Thermal Oil and Light Oil.
The company’s shares closed on Wednesday at C$1.37.
