Athabasca Oil Co. (TSE:ATH) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Analysts give Athabasca Oil a consensus recommendation of Hold from six firms (four hold, two buy), with an average one‑year price target of C$10.29.
• Several brokers have recently raised targets and outlooks — notably Raymond James upgraded to a moderate buy and raised its target to C$13.00, while RBC and National Bank lifted targets to about C$12–12.50.
• Shares trade around C$11.63, near the 52‑week high of C$11.67, with a market cap of C$5.58 billion and the company reporting C$0.10 EPS for the last quarter.

Athabasca Oil Co. (TSE:ATH - Get Free Report) has been given a consensus recommendation of "Hold" by the six ratings firms that are covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$10.29.

A number of equities research analysts have commented on the stock. Raymond James Financial raised shares of Athabasca Oil from a "hold" rating to a "moderate buy" rating and increased their price objective for the company from C$8.00 to C$13.00 in a research report on Monday, March 30th. Royal Bank Of Canada increased their price objective on shares of Athabasca Oil from C$9.00 to C$12.00 and gave the company a "sector perform" rating in a research report on Wednesday, April 8th. National Bank Financial upped their target price on shares of Athabasca Oil from C$9.00 to C$12.50 and gave the company an "outperform" rating in a report on Tuesday, March 31st. TD Securities upped their target price on shares of Athabasca Oil from C$6.50 to C$8.00 and gave the company a "hold" rating in a report on Friday, March 6th. Finally, Scotiabank upped their target price on shares of Athabasca Oil from C$7.00 to C$8.00 and gave the company a "sector perform" rating in a report on Tuesday, January 20th.

Athabasca Oil Price Performance

Shares of ATH opened at C$11.63 on Friday. Athabasca Oil has a fifty-two week low of C$4.36 and a fifty-two week high of C$11.67. The firm's 50 day moving average price is C$9.76 and its 200 day moving average price is C$8.12. The company has a market cap of C$5.58 billion, a P/E ratio of 23.73, a PEG ratio of -0.51 and a beta of -0.03. The company has a quick ratio of 1.24, a current ratio of 1.78 and a debt-to-equity ratio of 11.38.

Athabasca Oil (TSE:ATH - Get Free Report) last announced its quarterly earnings data on Thursday, March 5th. The oil and gas exploration company reported C$0.10 EPS for the quarter. Athabasca Oil had a net margin of 18.29% and a return on equity of 13.86%. On average, research analysts forecast that Athabasca Oil will post 0.5403473 earnings per share for the current fiscal year.

About Athabasca Oil

Athabasca Oil Corp is an energy company. It is focused on the exploration, development, and production of light oil and liquids-rich natural gas. The company organizes its business under two operational segments, Light Oil and Thermal Oil. It generates maximum revenue from the Thermal Oil segment. Thermal Oil includes the exploration, development, and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta.

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