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Analyst Activity – Canaccord Genuity Initiates Coverage On Abraxas Petroleum Corporation (NASDAQ:AXAS) With a Buy

Analyst Ratings For Abraxas Petroleum Corporation (NASDAQ:AXAS)

Today, Canaccord Genuity initiated coverage on Abraxas Petroleum Corporation (NASDAQ:AXAS) with a Buy with a price target of $2.50.

There are 1 hold rating, 4 buy ratings on the stock.

The current consensus rating on Abraxas Petroleum Corporation (NASDAQ:AXAS) is Buy (Score: 2.80) with a consensus target price of $2.58 per share, a potential 60.25% upside.

Some recent analyst ratings include

Recent Insider Trading Activity For Abraxas Petroleum Corporation (NASDAQ:AXAS)
Abraxas Petroleum Corporation (NASDAQ:AXAS) has insider ownership of 8.50% and institutional ownership of 43.26%.

Recent Trading Activity for Abraxas Petroleum Corporation (NASDAQ:AXAS)
Shares of Abraxas Petroleum Corporation closed the previous trading session at 1.61 down -0.04 -2.42% with 2,138,797 shares trading hands.

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