RBC Capital Reiterates Outperform Rating for Aurora Oil & Gas Limited (AUT)
Aurora Oil & Gas Limited (ASX:AUT)‘s stock had its “outperform” rating reiterated by research analysts at RBC Capital in a report released on Thursday, Stock Ratings News reports. They currently have a $3.75 target price on the stock.
Aurora Oil & Gas Limited (ASX:AUT) remained flat at A$4.110 during during mid-day trading trading on Thursday. 1,597,493 shares of the company’s stock traded hands. Aurora Oil & Gas Limited has a 52-week low of A$2.620 and a 52-week high of A$4.140. The stock’s 50-day moving average is A$3.20 and its 200-day moving average is A$3.17. The company has a market cap of A$1.845 billion and a price-to-earnings ratio of 18.03.
Separately, analysts at Morningstar downgraded shares of Aurora Oil & Gas Limited to a “sell” rating in a research note on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of A$4.42 ($4.02).
Aurora Oil & Gas Limited (ASX:AUT) is an Australia-based company engaged in oil and gas exploration.
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