Advantage Oil & Gas Ltd. (AAV) Price Target Raised to C$12.00 at Royal Bank Of Canada
Advantage Oil & Gas Ltd. (TSE:AAV) had its price target upped by stock analysts at Royal Bank Of Canada from C$11.00 to C$12.00 in a research report issued to clients and investors on Thursday, StockTargetPrices.com reports. Royal Bank Of Canada’s target price would indicate a potential upside of 22.08% from the company’s current price.
AAV has been the topic of a number of other reports. BMO Capital Markets started coverage on shares of Advantage Oil & Gas in a research note on Thursday, July 21st. They set an “outperform” rating and a C$10.50 price objective on the stock. TD Securities restated a “buy” rating and issued a C$10.00 price objective on shares of Advantage Oil & Gas in a research note on Thursday, July 21st. Scotiabank restated an “outperform” rating and issued a C$10.00 price objective on shares of Advantage Oil & Gas in a research note on Friday, August 5th. FirstEnergy Capital boosted their price objective 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. Finally, RBC Capital Markets boosted their price objective on Advantage Oil & Gas from C$9.00 to C$11.00 and gave the company an “outperform” rating in a research note on Monday, August 8th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of C$9.90.
Shares of Advantage Oil & Gas (TSE:AAV) traded up 2.29% during trading on Thursday, hitting $9.83. 2,043,609 shares of the company’s stock were exchanged. Advantage Oil & Gas has a 1-year low of $5.85 and a 1-year high of $10.01. The stock’s 50-day moving average price is $9.12 and its 200-day moving average price is $7.96. The stock has a market cap of $1.81 billion and a PE ratio of 393.20.
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In other news, insider Donald Craig Blackwood sold 10,000 shares of the business’s stock in a transaction dated Monday, August 8th. The stock was sold at an average price of C$8.86, for a total transaction of C$88,600.00.
About Advantage Oil & Gas
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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