Oryx Petroleum Co. Receives Average Recommendation of “Buy” from Brokerages (TSE:OXC)
Oryx Petroleum Co. (TSE:OXC) has earned an average recommendation of “Buy” from the eight ratings firms that are currently covering the stock, Analyst Ratings.Net reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$21.07.
Shares of Oryx Petroleum Co. (TSE:OXC) opened at 10.10 on Wednesday. Oryx Petroleum Co. has a 52-week low of $9.50 and a 52-week high of $15.00. The stock’s 50-day moving average is $11.75 and its 200-day moving average is $13.54. The company’s market cap is $1.009 billion.
Oryx Petroleum Co. (TSE:OXC) last posted its quarterly earnings results on Thursday, August 7th. The company reported ($0.10) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.11) by $0.01. On average, analysts predict that Oryx Petroleum Co. will post $-0.01 earnings per share for the current fiscal year.
Separately, analysts at TD Securities reiterated a “buy” rating on shares of Oryx Petroleum Co. in a research note on Friday. They now have a C$15.50 price target on the stock, down previously from C$19.50.
Oryx Petroleum Corporation Limited is an international oil exploration company focused in Africa and the Middle East.
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