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Research analysts at Canaccord Genuity assumed coverage on shares of Athlon Energy (NASDAQ:ATHL) in a report released on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.

ATHL has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of Athlon Energy from an “outperform” rating to a “neutral” rating in a research note on Tuesday, June 17th. They now have a $50.00 price target on the stock. Separately, analysts at Mizuho initiated coverage on shares of Athlon Energy in a research note on Wednesday, June 11th. They set a “buy” rating and a $52.00 price target on the stock. Finally, analysts at Wells Fargo & Co. downgraded shares of Athlon Energy from an “outperform” rating to a “market perform” rating in a research note on Friday, June 6th. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $47.20.

Shares of Athlon Energy (NASDAQ:ATHL) opened at 47.70 on Tuesday. Athlon Energy has a 52-week low of $25.25 and a 52-week high of $48.77. The stock’s 50-day moving average is $44.02 and its 200-day moving average is $36.82. The company has a market cap of $4.633 billion and a price-to-earnings ratio of 43.17.

Athlon Energy (NASDAQ:ATHL) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.28. The company had revenue of $105.70 million for the quarter, compared to the consensus estimate of $100.05 million. On average, analysts predict that Athlon Energy will post $1.41 earnings per share 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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