Citigroup Inc. restated their neutral rating on shares of Heritage Oil Corporation (TSE: HOC) in a report released on Monday, StockRatingsNetwork reports. Citigroup Inc. currently has a C$165.00 price objective on the stock.
Citigroup Inc. has also taken action a number of other stocks recently. The firm upgraded shares of Perfect World Co Ltd from a neutral rating to a buy rating. Also, Citigroup Inc. upgraded shares of Baidu.com from a sell rating to a neutral rating. Finally, Citigroup Inc. reiterated its buy rating on shares of Zale Corp. They have a $8.00 price target on that stock.
A number of other firms have also recently commented on HOC. Analysts at Fox-Davies Capital reiterated a buy rating on shares of Heritage Oil Corporation in a research note to investors on Monday, July 8th. They now have a C$350.00 price target on the stock. Separately, analysts at Northland Capital Partners reiterated a buy rating on shares of Heritage Oil Corporation in a research note to investors on Tuesday, July 2nd. They now have a C$237.00 price target on the stock. Finally, analysts at JP Morgan Cazenove reiterated a neutral rating on shares of Heritage Oil Corporation in a research note to investors on Tuesday, June 18th.
Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of C$262.14.
Heritage Oil Corporation (TSE: HOC) opened at 2.30 on Monday. Heritage Oil Corporation has a 1-year low of $2.00 and a 1-year high of $3.43. The stock’s 50-day moving average is currently $2.57. The company’s market cap is $593.3 million.
Heritage Oil Plc (TSE: HOC), formerly Heritage Oil Limited, is an independent oil and gas exploration and production Company.