Advantage Oil & Gas Ltd. (AAV) Given Consensus Recommendation of “Buy” by Analysts
Advantage Oil & Gas Ltd. (TSE:AAV) has been given a consensus rating of “Buy” by the thirteen analysts that are presently covering the firm. Seven investment analysts have rated the stock with a buy rating. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$10.52.
Several analysts recently issued reports on the stock. TD Securities cut their target price on shares of Advantage Oil & Gas from C$10.00 to C$9.50 and set an “action list buy” rating for the company in a research report on Thursday, July 7th. Desjardins set a C$10.00 target price on shares of Advantage Oil & Gas in a research report on Tuesday, June 28th. Royal Bank Of Canada cut their target price on shares of Advantage Oil & Gas from C$11.00 to C$9.00 and set an “outperform” rating for the company in a research report on Tuesday, August 9th. CSFB dropped their price target on shares of Advantage Oil & Gas from C$11.00 to C$9.00 and set an “outperform” rating for the company in a research report on Friday. Finally, Raymond James Financial Inc. upped their price target on shares of Advantage Oil & Gas from C$11.00 to C$12.75 in a research report on Friday.
Advantage Oil & Gas (TSE:AAV) traded up 0.79% during trading on Tuesday, hitting $10.19. 442,287 shares of the company traded hands. Advantage Oil & Gas has a 52 week low of $5.85 and a 52 week high of $10.33. The stock has a market capitalization of $1.88 billion and a PE ratio of 407.60. The company’s 50 day moving average is $9.20 and its 200-day moving average is $8.03.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/18/advantage-oil-gas-ltd-aav-given-consensus-recommendation-of-buy-by-analysts.html
In other news, insider Donald Craig Blackwood sold 10,000 shares of the business’s stock in a transaction on Monday, August 8th. The shares were 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.
Receive News & Ratings for Advantage Oil & Gas Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advantage Oil & Gas Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.