Advantage Oil & Gas Ltd. (AAV) PT Raised to C$12.00 at Royal Bank Of Canada
Advantage Oil & Gas Ltd. (TSE:AAV) had its target price hoisted by equities research analysts at Royal Bank Of Canada from C$11.00 to C$12.00 in a research report issued to clients and investors on Thursday, StockTargetPrices.com reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target points to a potential upside of 17.88% from the stock’s previous close.
Several other brokerages also recently weighed in on AAV. TD Securities decreased their target price on Advantage Oil & Gas from C$10.00 to C$9.50 and set an “action list buy” rating for the company in a research note on Thursday, July 7th. RBC Capital Markets increased their target price on Advantage Oil & Gas from C$9.00 to C$11.00 and gave the company an “outperform” rating in a research note on Monday, August 8th. Desjardins set a C$10.00 target price on Advantage Oil & Gas in a research note on Tuesday, June 28th. Scotiabank restated an “outperform” rating and set a C$9.50 target price on shares of Advantage Oil & Gas in a research note on Thursday, July 7th. Finally, BMO Capital Markets initiated coverage on Advantage Oil & Gas in a research note on Thursday, July 21st. They set an “outperform” rating and a C$10.50 target price for the company. Nine equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus target price of C$10.40.
Advantage Oil & Gas (TSE:AAV) opened at 10.18 on Thursday. The firm has a market cap of $1.88 billion and a price-to-earnings ratio of 407.20. Advantage Oil & Gas has a 12 month low of $5.85 and a 12 month high of $10.29. The firm’s 50-day moving average price is $9.17 and its 200-day moving average price is $8.00.
In other news, insider Donald Craig Blackwood sold 10,000 shares of the stock in a transaction that occurred on Monday, August 8th. The stock was sold at an average price of C$8.86, for a total value of C$88,600.00.
About Advantage Oil & Gas
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.
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