Trade Report: The Brokerages Set Oryx Petroleum Co. Ltd (TSE:OXC) Price Target at $1.16

The Brokerages Set Oryx Petroleum Co. Ltd (TSE:OXC) Price Target at $1.16

Oryx Petroleum Co. Ltd (TSE:OXC) has been given a consensus recommendation of “Hold” by the seven brokerages that are covering the company. Four equities research analysts have rated the stock with a hold recommendation. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$1.16.

A number of research firms recently issued reports on OXC. Royal Bank Of Canada lifted their price target on Oryx Petroleum Co. from C$0.60 to C$0.70 in a report on Thursday, July 14th. TD Securities reiterated a “hold” rating and issued a C$0.85 price objective on shares of Oryx Petroleum Co. in a research report on Friday, August 5th. Finally, Scotiabank reiterated a “sector perform” rating and issued a C$0.85 price objective on shares of Oryx Petroleum Co. in a research report on Thursday, August 4th.

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