Athabasca Oil Corp (TSE:ATH) has received an average recommendation of “Hold” from the eight brokerages that are currently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is C$1.96.
Separately, BMO Capital Markets upgraded Athabasca Oil from an “underperform” rating to a “market perform” rating and set a C$1.30 target price for the company in a research report on Thursday, December 7th.
Athabasca Oil (ATH) traded down C$0.05 during trading on Thursday, hitting C$1.07. The stock had a trading volume of 2,658,963 shares, compared to its average volume of 1,192,259. Athabasca Oil has a 52 week low of C$0.85 and a 52 week high of C$2.14.
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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