Advantage Oil & Gas Ltd. (AAV) Price Target Raised to C$12.00
Other research analysts also recently issued reports about the stock. TD Securities reduced their target price on shares of Advantage Oil & Gas from C$10.00 to C$9.50 and set an action list buy rating for the company in a research report on Thursday, July 7th. Desjardins set a C$10.00 price objective on shares of Advantage Oil & Gas in a report on Tuesday, June 28th. Royal Bank Of Canada cut their price objective on shares of Advantage Oil & Gas from C$11.00 to C$9.00 and set an outperform rating for the company in a report on Tuesday, August 9th. FirstEnergy Capital raised their price objective on shares of Advantage Oil & Gas from C$10.00 to C$10.25 and gave the stock an outperform rating in a report on Monday, August 8th. Finally, Scotiabank reaffirmed an outperform rating and issued a C$9.50 price objective on shares of Advantage Oil & Gas in a report on Thursday, July 7th. Nine equities research analysts have rated the stock with a buy rating, The company currently has a consensus rating of Buy and an average target price of C$10.40.
Shares of Advantage Oil & Gas (TSE:AAV) opened at 10.04 on Thursday. The company has a market cap of $1.85 billion and a PE ratio of 401.60. The firm’s 50 day moving average is $9.23 and its 200-day moving average is $8.06. Advantage Oil & Gas has a 1-year low of $5.85 and a 1-year high of $10.33.
In other news, insider Donald Craig Blackwood sold 10,000 shares of the firm’s stock in a transaction on Monday, August 8th. The shares were sold at an average price of C$8.86, for a total transaction 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.
Receive News & Ratings for Advantage Oil & Gas Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advantage Oil & Gas Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.