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Equities researchers at RBC Capital boosted their target price on shares of Athlon Energy (NASDAQ:ATHL) from $48.00 to $56.00 in a research report issued on Thursday. The firm currently has an “outperform” rating on the stock. RBC Capital’s price target would indicate a potential upside of 19.33% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity initiated coverage on shares of Athlon Energy in a research note on Tuesday. They set a “buy” rating and a $58.00 price target on the stock. Separately, 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. Finally, 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. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $48.91.

Shares of Athlon Energy (NASDAQ:ATHL) opened at 46.93 on Thursday. Athlon Energy has a one year low of $25.25 and a one year high of $48.77. The stock has a 50-day moving average of $44.42 and a 200-day moving average of $37.02. The company has a market cap of $4.558 billion and a P/E ratio of 43.74.

Athlon Energy (NASDAQ:ATHL) last announced its earnings results on Wednesday, May 7th. The company reported $0.28 EPS for the quarter, meeting the Thomson Reuters 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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