Athabasca Oil (ATH) Stock Rating Upgraded by BMO Capital Markets
Athabasca Oil (TSE:ATH) was upgraded by research analysts at BMO Capital Markets from an “underperform” rating to a “market perform” rating in a report issued on Thursday. The brokerage presently has a C$1.30 target price on the oil and gas exploration company’s stock. BMO Capital Markets’ price objective points to a potential upside of 11.11% from the stock’s previous close.
Shares of Athabasca Oil (TSE:ATH) traded down C$0.05 during midday trading on Thursday, reaching C$1.17. The company’s stock had a trading volume of 1,312,949 shares, compared to its average volume of 1,183,449. Athabasca Oil has a 52-week low of C$0.85 and a 52-week high of C$2.14.
TRADEMARK VIOLATION NOTICE: “Athabasca Oil (ATH) Stock Rating Upgraded by BMO Capital Markets” was posted by American Banking News and is the property of of American Banking News. If you are reading this piece on another site, it was illegally stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece can be read at https://www.americanbankingnews.com/2017/12/07/athabasca-oil-ath-stock-rating-upgraded-by-bmo-capital-markets.html.
Athabasca Oil Company Profile
Athabasca Oil Corporation is a Canada-based energy company, which is focused on the exploration for, and development and production of, light oil and liquids-rich natural gas from regions in northwestern Alberta, Canada, and bitumen from oil sands in the Athabasca region of northeastern Alberta, Canada.
Receive News & Ratings for Athabasca Oil Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Athabasca Oil Corp and related companies with MarketBeat.com's FREE daily email newsletter.