Canadian Oil Sands (TSE:COS) announced a quarterly dividend on Thursday, July 31st, AnalystRatings.Net reports. Shareholders of record on Friday, August 22nd will be paid a dividend of 0.35 per share on Friday, August 29th. This represents a $1.40 annualized dividend and a dividend yield of 6.01%.
A number of analysts have recently weighed in on COS shares. Analysts at Morgan Stanley initiated coverage on shares of Canadian Oil Sands in a research note on Wednesday, July 23rd. They set an “overweight” rating and a C$26.00 price target on the stock. On the ratings front, analysts at Barclays raised their price target on shares of Canadian Oil Sands from C$23.00 to C$25.00 in a research note on Monday, July 21st. Finally, analysts at CIBC raised their price target on shares of Canadian Oil Sands from C$22.50 to C$23.00 in a research note on Thursday, July 17th. They now have a “sector perform” rating on the stock. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of C$24.05.
Shares of Canadian Oil Sands (TSE:COS) traded down 3.20% during mid-day trading on Thursday, hitting $23.29. 2,608,791 shares of the company’s stock traded hands. Canadian Oil Sands has a 1-year low of $19.40 and a 1-year high of $24.68. The stock’s 50-day moving average is $23.87 and its 200-day moving average is $22.50. The company has a market cap of $11.286 billion and a price-to-earnings ratio of 14.15.
Canadian Oil Sands Limited is a pure investment opportunity in light, sweet crude oil. Through its 36.
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