Advantage Oil & Gas Price Target Cut to $6.00 by Analysts at Scotiabank (AAV)
Investment analysts at Scotiabank dropped their target price on shares of Advantage Oil & Gas (NYSE:AAV) from $6.25 to $6.00 in a note issued to investors on Tuesday, AnalystRatingsNetwork reports. Scotiabank’s target price would suggest a potential upside of 63.04% from the company’s current price.
Separately, analysts at CIBC reiterated a “sector perform” rating on shares of Advantage Oil & Gas (NYSE:AAV) in a research note to investors on Monday, July 8th. They now have a $4.00 price target on the stock.
One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $5.09.
Advantage Oil & Gas (NYSE:AAV) traded up 2.22% on Tuesday, hitting $3.68. 261,151 shares of the company’s stock traded hands. Advantage Oil & Gas has a 1-year low of $2.79 and a 1-year high of $4.51. The stock’s 50-day moving average is $3.71 and its 200-day moving average is $3.83. The company’s market cap is $619.6 million.
Advantage Oil & Gas Ltd. (NYSE:AAV) is an intermediate oil and natural gas exploration and production corporation with properties located in Western Canada.
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