Advantage Oil & Gas Ltd (NYSE:AAV) (TSE:AAV) has been given a consensus rating of “Hold” by the six research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $10.17.

A number of equities research analysts have issued reports on the company. BMO Capital Markets lowered Advantage Oil & Gas from an “outperform” rating to a “market perform” rating and set a $8.00 price target on the stock. in a research report on Tuesday, October 10th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $11.00 price target on shares of Advantage Oil & Gas in a research report on Monday, September 25th. TheStreet lowered Advantage Oil & Gas from a “b-” rating to a “c+” rating in a research report on Thursday, October 5th. Zacks Investment Research lowered Advantage Oil & Gas from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Finally, Scotiabank reiterated a “buy” rating and issued a $11.50 price objective on shares of Advantage Oil & Gas in a report on Tuesday, October 10th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in AAV. CIBC Asset Management Inc increased its holdings in shares of Advantage Oil & Gas by 269.2% in the 3rd quarter. CIBC Asset Management Inc now owns 1,630,494 shares of the oil and gas company’s stock valued at $10,192,000 after acquiring an additional 1,188,841 shares during the last quarter. Montrusco Bolton Investments Inc. increased its holdings in shares of Advantage Oil & Gas by 12.3% in the 3rd quarter. Montrusco Bolton Investments Inc. now owns 7,406,023 shares of the oil and gas company’s stock valued at $46,308,000 after acquiring an additional 812,405 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings in shares of Advantage Oil & Gas by 127.8% in the 3rd quarter. Canada Pension Plan Investment Board now owns 1,291,297 shares of the oil and gas company’s stock valued at $8,074,000 after acquiring an additional 724,433 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Advantage Oil & Gas by 155.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,130,075 shares of the oil and gas company’s stock valued at $7,628,000 after acquiring an additional 688,196 shares during the last quarter. Finally, K2 Principal Fund L.P. purchased a new position in shares of Advantage Oil & Gas in the 3rd quarter valued at about $2,348,000. Institutional investors and hedge funds own 54.82% of the company’s stock.

Shares of Advantage Oil & Gas (NYSE AAV) opened at $3.60 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a market capitalization of $663.61, a PE ratio of 12.86 and a beta of 0.86. Advantage Oil & Gas has a 12-month low of $3.55 and a 12-month high of $7.35.

WARNING: “Advantage Oil & Gas Ltd (AAV) Given Consensus Recommendation of “Hold” by Brokerages” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this news story on another website, it was stolen and republished in violation of US & international copyright & trademark laws. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2018/01/18/advantage-oil-gas-ltd-aav-given-consensus-recommendation-of-hold-by-brokerages.html.

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. The Company focuses on the development of Montney resource play at Glacier, Alberta in Western Canada.

Receive News & Ratings for Advantage Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advantage Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.