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Shares of Athlon Energy (NASDAQ:ATHL) reached a new 52-week high during trading on Monday , American Banking News reports. The stock traded as high as $39.66 and last traded at $39.12, with a volume of 278,508 shares changing hands. The stock had previously closed at $37.95.

A number of analysts have recently weighed in on ATHL shares. Analysts at UBS AG raised their price target on shares of Athlon Energy from $36.00 to $42.00 in a research note on Thursday. They now have a “neutral” rating on the stock. Separately, analysts at Topeka Capital Markets raised their price target on shares of Athlon Energy to $48.00 in a research note on Wednesday, April 9th. Finally, analysts at Zacks downgraded shares of Athlon Energy from an “outperform” rating to a “neutral” rating in a research note on Monday, March 3rd. They now have a $38.10 price target on the stock. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $39.76.

The stock’s 50-day moving average is $35.99 and its 200-day moving average is $32.49. The company has a market cap of $3.179 billion and a price-to-earnings ratio of 47.44.

Athlon Energy (NASDAQ:ATHL) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.01. Analysts expect that Athlon Energy will post $1.42 EPS for the current fiscal year.

Athlon Energy Inc, is an independent exploration and production company. The Company is a holding company and its sole assets are controlling equity interests in Athlon Holdings LP and its subsidiaries.

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