Advantage Oil & Gas Ltd. (AAV) Given New C$12.00 Price Target at RBC Capital Markets
Advantage Oil & Gas Ltd. (TSE:AAV) had its price target upped by research analysts at RBC Capital Markets from C$11.00 to C$12.00 in a research report issued to clients and investors on Thursday. RBC Capital Markets’ price target indicates a potential upside of 22.08% from the company’s current price.
AAV has been the subject of a number of other reports. BMO Capital Markets started coverage on Advantage Oil & Gas in a research note on Thursday, July 21st. They issued an “outperform” rating and a C$10.50 price target for the company. TD Securities reiterated a “buy” rating and issued a C$10.00 price target on shares of Advantage Oil & Gas in a research note on Thursday, July 21st. Scotiabank reiterated an “outperform” rating and issued a C$10.00 price target on shares of Advantage Oil & Gas in a research note on Friday, August 5th. Royal Bank Of Canada reiterated an “outperform” rating and issued a C$9.00 price target on shares of Advantage Oil & Gas in a research note on Friday, July 8th. Finally, FirstEnergy Capital increased their price target on Advantage Oil & Gas from C$10.00 to C$10.25 and gave the company an “outperform” rating in a research note on Monday, August 8th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Advantage Oil & Gas currently has an average rating of “Buy” and a consensus price target of C$9.90.
Advantage Oil & Gas (TSE:AAV) traded up 2.29% on Thursday, hitting $9.83. The stock had a trading volume of 2,043,609 shares. The stock has a market cap of $1.81 billion and a P/E ratio of 393.20. Advantage Oil & Gas has a 12 month low of $5.85 and a 12 month high of $10.01. The company’s 50 day moving average is $9.12 and its 200-day moving average is $7.96.
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In other news, insider Donald Craig Blackwood sold 10,000 shares of the stock in a transaction dated Monday, August 8th. The stock was sold at an average price of C$8.86, for a total value of C$88,600.00.
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. It operates in the Montney resource play located in Western Canada.
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