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Stock analysts at TD Securities dropped their price objective on shares of Athabasca Oil Corp (TSE:ATH) from C$11.00 to C$10.50 in a report issued on Tuesday. The firm currently has a “buy” rating on the stock. TD Securities’ target price would indicate a potential upside of 32.58% from the company’s current price.

Athabasca Oil Corp (TSE:ATH) traded down 3.54% on Tuesday, hitting $7.64. The stock had a trading volume of 2,622,801 shares. Athabasca Oil Corp has a 52 week low of $5.47 and a 52 week high of $8.84. The stock’s 50-day moving average is $6.8 and its 200-day moving average is $7.57. The company’s market cap is $3.069 billion.

Athabasca Oil Corp (TSE:ATH) last announced its earnings results on Thursday, August 7th. The company reported ($0.14) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.05) by $0.09. Analysts expect that Athabasca Oil Corp will post $-0.23 EPS for the current fiscal year.

A number of other firms have also recently commented on ATH. Analysts at Raymond James raised their price target on shares of Athabasca Oil Corp from C$7.50 to C$9.00 in a research note on Tuesday. They now have a “market perform” rating on the stock. Separately, analysts at Scotiabank cut their price target on shares of Athabasca Oil Corp from C$9.50 to C$9.00 in a research note on Thursday, August 7th. They now have a “sector perform” rating on the stock. Seven investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Athabasca Oil Corp currently has a consensus rating of “Hold” and an average price target of C$9.79.

Athabasca Oil Corporation, formerly Athabasca Oil Sands Corp., is focused on the exploration and development of unconventional oil resource plays in Alberta, Canada.

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