Advantage Oil & Gas Ltd. (NYSE:AAV) saw an uptick in trading volume on Friday . 128,073 shares traded hands during trading, an increase of 11% from the previous session’s volume of 115,163 shares.The stock last traded at $7.09 and had previously closed at $7.06.

A number of research firms have weighed in on AAV. BMO Capital Markets reaffirmed a “buy” rating and set a $10.50 target price on shares of Advantage Oil & Gas in a report on Friday, August 5th. Scotiabank reaffirmed an “outperform” rating and set a $10.00 target price on shares of Advantage Oil & Gas in a report on Monday, August 8th. Credit Suisse Group AG set a $9.00 price target on Advantage Oil & Gas and gave the company a “hold” rating in a research report on Friday, August 5th. FirstEnergy Capital reiterated an “outperform” rating and set a $10.25 price target (up previously from $10.00) on shares of Advantage Oil & Gas in a research report on Wednesday, August 10th. Finally, Raymond James Financial Inc. reiterated an “outperform” rating and set a $9.25 price target on shares of Advantage Oil & Gas in a research report on Friday, May 27th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $9.80.

The stock has a market capitalization of $1.31 billion and a P/E ratio of 372.11. The firm has a 50 day moving average price of $6.56 and a 200-day moving average price of $5.76.

Advantage Oil & Gas (NYSE:AAV) last posted its earnings results on Friday, August 5th. The company reported $0.20 earnings per share for the quarter.

Advantage Oil & Gas Ltd. is an intermediate natural gas and liquids development and production company. The Company is engaged in the business of natural gas exploitation, development, acquisition and production in the Province of Alberta. It operates in the Montney resource play located in Western Canada.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.