Advantage Oil & Gas Ltd. (AAV) PT Raised to C$12.00 at RBC Capital Markets
Advantage Oil & Gas Ltd. (TSE:AAV) had its target price increased by investment analysts at RBC Capital Markets from C$11.00 to C$12.00 in a note issued to investors on Thursday. RBC Capital Markets’ price objective suggests a potential upside of 24.87% from the stock’s previous close.
Several other analysts also recently issued reports on the stock. Royal Bank Of Canada decreased their price objective on shares of Advantage Oil & Gas from C$11.00 to C$9.00 and set an “outperform” rating for the company in a report on Tuesday, August 9th. FirstEnergy Capital increased their price target on shares of Advantage Oil & Gas from C$10.00 to C$10.25 and gave the company an “outperform” rating in a report on Monday, August 8th. TD Securities reissued a “buy” rating and issued a C$10.00 price target on shares of Advantage Oil & Gas in a report on Friday, August 5th. Scotiabank reissued an “outperform” rating and issued a C$10.00 price target on shares of Advantage Oil & Gas in a report on Friday, August 5th. Finally, BMO Capital Markets began coverage on shares of Advantage Oil & Gas in a report on Thursday, July 21st. They issued an “outperform” rating and a C$10.50 price target for the company. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of C$9.67.
Advantage Oil & Gas (TSE:AAV) traded up 2.39% during mid-day trading on Thursday, hitting $9.84. The stock had a trading volume of 1,150,502 shares. The company has a 50 day moving average price of $9.12 and a 200-day moving average price of $7.96. The company has a market cap of $1.82 billion and a price-to-earnings ratio of 393.60. Advantage Oil & Gas has a one year low of $5.85 and a one year high of $10.01.
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In related news, insider Donald Craig Blackwood sold 10,000 shares of the stock in a transaction dated Monday, August 8th. The shares were sold at an average price of C$8.86, for a total transaction 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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