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Athlon Energy (NASDAQ:ATHL) has received an average rating of “Buy” from the sixteen brokerages that are currently covering the company, AnalystRatingsNetwork reports. Six equities research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $50.82.

Athlon Energy (NASDAQ:ATHL) traded up 0.26% during mid-day trading on Wednesday, hitting $50.50. 24,485 shares of the company’s stock traded hands. Athlon Energy has a one year low of $25.25 and a one year high of $51.63. The stock’s 50-day moving average is $47.38 and its 200-day moving average is $39.48. The company has a market cap of $4.905 billion and a price-to-earnings ratio of 40.49.

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 $1.43 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Topeka Capital Markets raised their price target on shares of Athlon Energy from $55.00 to $58.00 in a research note on Friday, July 11th. They now have a “buy” rating on the stock. Separately, analysts at Howard Weil raised their price target on shares of Athlon Energy from $55.00 to $61.00 in a research note on Thursday, July 10th. They now have a “sector outperform” rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of Athlon Energy from $48.00 to $56.00 in a research note on Thursday, July 3rd. They now have an “outperform” rating on the stock.

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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