Athabasca Oil (ATH) has received a rating update from a Wall Street analyst today. Analyst Chris Cox from Raymond James rated Athabasca Oil (ATH) a Hold, setting a C$2.50 price target.
According to TipRanks.com, Cox is a 1-star analyst with an average return of -1.6% and a 45.6% success rate. Cox covers the Basic Materials sector, focusing on stocks such as Athabasca Oil Corporation, Pengrowth Energy Corp, and Crescent Point Energy.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Athabasca Oil with a C$2.33 average price target.
The company has a one-year high of C$1.98 and a one-year low of C$0.95. Currently, Athabasca Oil has an average volume of 1.56M.
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$1.06, close to its 52-week low of C$0.95.
