RBC Capital Maintains Their Hold Rating on Athabasca Oil (ATH)

By Jason Carr

A Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. Analyst Luke Davis from RBC Capital rated Athabasca Oil (ATHResearch Report) a Hold, setting a C$1 price target.

According to TipRanks.com, Davis is ranked #4741 out of 5053 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Athabasca Oil with a C$1.12 average price target.

Athabasca Oil’s market cap is currently C$382.1M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.33.

Athabasca Oil Corp. is an exploration and production company, which engages in the development of thermal and light oil assets. It operates through the Thermal Oil and Light Oil segment.

The company’s shares closed on Thursday at C$0.72, close to its 52-week low of C$0.70.