A Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. BMO Capital’s analyst Randy Ollenberger reiterates their Hold rating on the shares of Athabasca Oil (ATH), with a C$1.15 price target.
According to TipRanks.com, Ollenberger is a 1-star analyst with an average return of -2.7% and a 42.2% success rate. Ollenberger covers the Basic Materials sector, focusing on stocks such as Athabasca Oil Corporation, Imperial Oil Limited, and Baytex Energy Corp.
Currently, the analyst consensus on Athabasca Oil is a Moderate Buy with an average price target of C$2.
The company has a one-year high of C$1.98 and a one-year low of C$0.83. Currently, Athabasca Oil has an average volume of 1.61M.
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 Monday at C$1.04.
