Advantage Oil & Gas Ltd (NYSE:AAV) (TSE:AAV) has earned a consensus recommendation of “Hold” from the seven research firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $10.45.

Several brokerages have commented on AAV. BidaskClub upgraded shares of Advantage Oil & Gas from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. Zacks Investment Research upgraded shares of Advantage Oil & Gas from a “hold” rating to a “buy” rating and set a $7.25 price target on the stock in a research note on Monday, July 10th. Finally, Royal Bank Of Canada cut shares of Advantage Oil & Gas from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from $12.00 to $11.00 in a research note on Thursday, July 20th.

Hedge funds have recently made changes to their positions in the stock. Addenda Capital Inc. boosted its stake in shares of Advantage Oil & Gas by 3.3% in the second quarter. Addenda Capital Inc. now owns 1,425,907 shares of the oil and gas company’s stock valued at $9,629,000 after buying an additional 45,857 shares in the last quarter. Highstreet Asset Management Inc. acquired a new stake in shares of Advantage Oil & Gas during the second quarter valued at about $224,000. Legal & General Group Plc boosted its stake in shares of Advantage Oil & Gas by 4.0% in the second quarter. Legal & General Group Plc now owns 31,034 shares of the oil and gas company’s stock valued at $210,000 after buying an additional 1,188 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of Advantage Oil & Gas by 65.6% in the second quarter. Canada Pension Plan Investment Board now owns 566,864 shares of the oil and gas company’s stock valued at $3,828,000 after buying an additional 224,464 shares in the last quarter. Finally, TD Asset Management Inc. boosted its stake in shares of Advantage Oil & Gas by 3.2% in the second quarter. TD Asset Management Inc. now owns 3,581,790 shares of the oil and gas company’s stock valued at $24,187,000 after buying an additional 109,598 shares in the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

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Advantage Oil & Gas (NYSE AAV) traded up 3.10% during midday trading on Friday, reaching $6.65. The company’s stock had a trading volume of 99,823 shares. The firm has a market cap of $1.24 billion, a P/E ratio of 141.49 and a beta of 0.97. The firm has a 50 day moving average price of $6.71 and a 200 day moving average price of $6.42. Advantage Oil & Gas has a one year low of $5.70 and a one year high of $7.88.

Advantage Oil & Gas Company Profile

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. The Company focuses on the development of Montney resource play at Glacier, Alberta in Western Canada.

Analyst Recommendations for Advantage Oil & Gas (NYSE:AAV)

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