Athlon Energy Coverage Initiated at Tudor Pickering (ATHL)
Analysts at Tudor Pickering assumed coverage on shares of Athlon Energy (NASDAQ:ATHL) in a research report issued to clients and investors on Wednesday, AnalystRatingsNetwork.com reports. The firm set an “accumulate” rating on the stock.
Athlon Energy (NASDAQ:ATHL) opened at 28.69 on Wednesday. Athlon Energy has a 52 week low of $25.25 and a 52 week high of $30.43. The stock has a 50-day moving average of $27.95 and a 200-day moving average of $27.95. The company has a market cap of $2.356 billion and a P/E ratio of 44.27.
Athlon Energy (NASDAQ:ATHL) last released its earnings data on Wednesday, August 14th. The company reported $0.36 earnings per share for the quarter. The company had revenue of $65.17 million for the quarter, compared to the consensus estimate of $35.79 million. Analysts expect that Athlon Energy will post $0.77 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on ATHL. Analysts at Howard Weil initiated coverage on shares of Athlon Energy (NASDAQ:ATHL) in a research note to investors on Wednesday. They set a “sector perform” rating on the stock. Finally, analysts at Credit Suisse initiated coverage on shares of Athlon Energy (NASDAQ:ATHL) in a research note to investors on Tuesday, September 3rd. They set a “neutral” rating and a $30.00 price target on the stock. They noted that the move was a valuation call.
Eight investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $32.00.
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