Athlon Energy Price Target Raised to $64.00 at Topeka Capital Markets (ATHL)
Research analysts at Topeka Capital Markets hoisted their price target on shares of Athlon Energy (NASDAQ:ATHL) from $60.00 to $64.00 in a report released on Wednesday. The firm currently has a “buy” rating on the stock. Topeka Capital Markets’ target price indicates a potential upside of 41.69% from the company’s previous close.
A number of other firms have also recently commented on ATHL. Analysts at Barclays initiated coverage on shares of Athlon Energy in a research note on Friday, August 29th. They set an “overweight” rating and a $58.00 price target on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of Athlon Energy from $63.00 to $61.00 in a research note on Wednesday, August 27th. Finally, analysts at Tudor Pickering upgraded shares of Athlon Energy from an “accumulate” rating to a “buy” rating in a research note on Friday, August 15th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $55.30.
Shares of Athlon Energy (NASDAQ:ATHL) opened at 45.17 on Wednesday. Athlon Energy has a one year low of $26.50 and a one year high of $51.63. The stock’s 50-day moving average is $45.70 and its 200-day moving average is $41.91. The company has a market cap of $4.396 billion and a price-to-earnings ratio of 75.28.
Athlon Energy (NASDAQ:ATHL) last announced its earnings results on Wednesday, August 13th. The company reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. On average, analysts predict that Athlon Energy will post $1.48 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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