GMP Securities cut shares of Oryx Petroleum Co. Ltd (TSE:OXC) from a speculative buy rating to a hold rating in a research report report published on Friday, StockTargetPrices.com reports.

Other analysts have also recently issued research reports about the stock. Royal Bank Of Canada lifted their price objective on shares of Oryx Petroleum Co. from C$0.60 to C$0.70 in a research note on Thursday, July 14th. Dundee Securities dropped their price objective on shares of Oryx Petroleum Co. from C$0.65 to C$0.45 in a research note on Thursday, November 10th. Citigroup Inc. dropped their price objective on shares of Oryx Petroleum Co. from C$0.90 to C$0.60 in a research note on Friday, October 21st. TD Securities reiterated a hold rating and issued a C$0.85 price objective on shares of Oryx Petroleum Co. in a research note on Friday, August 5th. Finally, Scotiabank reissued a sector perform rating and issued a C$0.85 target price on shares of Oryx Petroleum Co. in a report on Thursday, August 4th.

Oryx Petroleum Co. (TSE:OXC) opened at 0.495 on Friday. The stock’s 50 day moving average is $0.51 and its 200-day moving average is $0.67. Oryx Petroleum Co. has a 12 month low of $0.42 and a 12 month high of $1.08. The firm’s market capitalization is $108.13 million.

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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