Advantage Oil & Gas Ltd (AAV) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Advantage Oil & Gas Ltd (NYSE:AAV) (TSE:AAV) have been assigned a consensus recommendation of “Hold” from the six research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $10.17.

Separately, Zacks Investment Research lowered Advantage Oil & Gas from a “hold” rating to a “sell” rating in a report on Tuesday, January 16th.

A number of large investors have recently bought and sold shares of the stock. Mackenzie Financial Corp increased its holdings in Advantage Oil & Gas by 1.9% in the third quarter. Mackenzie Financial Corp now owns 9,918,536 shares of the oil and gas company’s stock valued at $62,487,000 after buying an additional 182,552 shares during the last quarter. Montrusco Bolton Investments Inc. increased its holdings in Advantage Oil & Gas by 7.9% in the fourth quarter. Montrusco Bolton Investments Inc. now owns 7,987,585 shares of the oil and gas company’s stock valued at $34,425,000 after buying an additional 581,562 shares during the last quarter. Vanguard Group Inc. boosted its stake in Advantage Oil & Gas by 4.6% in the second quarter. Vanguard Group Inc. now owns 3,762,620 shares of the oil and gas company’s stock valued at $25,398,000 after acquiring an additional 167,050 shares in the last quarter. TD Asset Management Inc. boosted its stake in Advantage Oil & Gas by 2.7% in the third quarter. TD Asset Management Inc. now owns 3,677,390 shares of the oil and gas company’s stock valued at $22,994,000 after acquiring an additional 95,600 shares in the last quarter. Finally, CIBC Asset Management Inc boosted its stake in Advantage Oil & Gas by 269.2% in the third 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 in the last quarter. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Advantage Oil & Gas (NYSE AAV) opened at $2.95 on Monday. The company has a market capitalization of $548.59, a price-to-earnings ratio of 11.35 and a beta of 0.69. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.12. Advantage Oil & Gas has a twelve month low of $2.75 and a twelve month high of $7.35.

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

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