Aurora Oil & Gas Limited Rating Reiterated by RBC Capital (AUT)
Aurora Oil & Gas Limited (ASX: AUT)‘s stock had its “outperform” rating reaffirmed by research analysts at RBC Capital in a report released on Thursday. They currently have a $4.50 (4 AUD) target price on the stock.
Aurora Oil & Gas Limited traded up 6.01% on Thursday, hitting A$3.880. Aurora Oil & Gas Limited has a 52-week low of A$2.840 and a 52-week high of A$4.260. The stock’s 50-day moving average is currently A$3.65. The company has a market cap of A$1.738 billion and a price-to-earnings ratio of 39.78.
Separately, analysts at CIBC upgraded shares of Aurora Oil & Gas Limited from a “sector perform” rating to an “outperform” rating in a research note to investors on Tuesday. They now have a $4.75 price target on the stock, up previously from $4.50.
Aurora Oil & Gas Limited (Aurora) s an Australia-based company engaged in oil and gas exploration, development and production.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.