Oryx Petroleum Co. Ltd (OXC) Receives C$0.99 Average Price Target from Brokerages
Oryx Petroleum Co. Ltd (TSE:OXC) has been given a consensus rating of “Hold” by the eight brokerages that are currently covering the company. Four research analysts have rated the stock with a hold rating. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$0.93.
A number of analysts have recently weighed in on the company. TD Securities reaffirmed a “hold” rating and set a C$0.85 price objective on shares of Oryx Petroleum Co. in a research report on Friday, August 5th. Scotiabank reaffirmed a “sector perform” rating and set a C$0.85 price objective on shares of Oryx Petroleum Co. in a research report on Thursday, August 4th. Citigroup Inc. cut their price objective on Oryx Petroleum Co. from C$0.90 to C$0.60 in a research report on Friday, October 21st. GMP Securities lowered Oryx Petroleum Co. from a “speculative buy” rating to a “hold” rating in a research report on Friday. Finally, Dundee Securities lowered their target price on shares of Oryx Petroleum Co. from C$0.65 to C$0.45 in a research note on Thursday.
Oryx Petroleum Co. (TSE:OXC) opened at 0.55 on Thursday. The stock’s market cap is $126.68 million. The firm’s 50 day moving average price is $0.51 and its 200-day moving average price is $0.67. Oryx Petroleum Co. has a 1-year low of $0.42 and a 1-year high of $1.08.
Oryx Petroleum Co. Company Profile
Oryx Petroleum Corporation Limited is a Canada-based holding company for Oryx Petroleum group of companies (Oryx Petroleum). Oryx Petroleum is an independent oil and gas exploration and production company. Oryx Petroleum is engaged in acquiring, exploring, developing and producing oil from oil and gas assets.
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