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Oryx Petroleum Co. Price Target Raised to C$17.50 (OXC)

Research analysts at TD Securities raised their target price on shares of Oryx Petroleum Co. (TSE:OXC) from C$17.00 to C$17.50 in a report released on Thursday. The firm currently has a “speculative buy” rating on the stock. TD Securities’ price target suggests a potential upside of 90.22% from the company’s current price

Oryx Petroleum Co. (TSE:OXC) opened at 9.20 on Thursday. Oryx Petroleum Co. has a 52-week low of $7.80 and a 52-week high of $14.99. The stock has a 50-day moving average of $9.74 and a 200-day moving average of $11.76. The company’s market cap is $1.111 billion.

Several other analysts have also recently commented on the stock. Analysts at Scotiabank cut their price target on shares of Oryx Petroleum Co. from C$21.50 to C$20.00 in a research note on Thursday. They now have an “outperform” rating on the stock. Analysts at RBC Capital cut their price target on shares of Oryx Petroleum Co. from C$20.00 to C$18.00 in a research note on Wednesday, October 22nd. They now have an “outperform” rating on the stock. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of C$20.28.

Oryx Petroleum Corporation Limited is an international oil exploration company focused in Africa and the Middle East.

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Ticker Report
Published on:
November 7, 2014
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http://tickerreport.com/banking-finance/340783/oryx-petroleum-co-price-target-raised-to-c17-50-oxc/
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