Oryx Petroleum Stock Rating Upgraded by RBC Capital (OXC)
Oryx Petroleum (TSE:OXC) was upgraded by stock analysts at RBC Capital from a “sector perform” rating to an “outperform” rating in a report issued on Friday, Analyst Ratings News reports. The firm currently has a C$18.00 price target on the stock, up from their previous price target of C$17.00. RBC Capital’s target price points to a potential upside of 28.57% from the stock’s previous close.
Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Oryx Petroleum in a research note to investors on Thursday, December 5th.
Shares of Oryx Petroleum (TSE:OXC) traded up 1.57% on Friday, hitting $14.24. 9,510 shares of the company’s stock traded hands. Oryx Petroleum has a one year low of $12.69 and a one year high of $15.00. The stock has a 50-day moving average of $13.49 and a 200-day moving average of $14.09. The company’s market cap is $1.422 billion.
Oryx Petroleum Corporation Limited is an international oil exploration company focused in Africa and the Middle East.
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