BMO Capital Markets Trims Advantage Oil & Gas (AAV) Target Price to C$5.00

Advantage Oil & Gas (TSE:AAV) (NYSE:AAV) had its price objective lowered by investment analysts at BMO Capital Markets from C$5.75 to C$5.00 in a note issued to investors on Tuesday. BMO Capital Markets’ target price indicates a potential upside of 34.05% from the stock’s current price.

AAV has been the topic of a number of other research reports. CSFB dropped their price target on Advantage Oil & Gas from C$10.75 to C$10.25 in a research report on Friday, November 3rd. National Bank Financial dropped their price target on Advantage Oil & Gas from C$8.00 to C$6.25 and set an “outperform” rating on the stock in a research report on Tuesday, January 9th. Royal Bank of Canada dropped their price target on Advantage Oil & Gas from C$9.00 to C$8.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 13th. CIBC dropped their price target on Advantage Oil & Gas from C$8.00 to C$6.50 in a research report on Tuesday, January 23rd. Finally, Raymond James Financial dropped their price target on Advantage Oil & Gas from C$6.75 to C$5.50 in a research report on Monday, February 5th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of C$8.03.

Advantage Oil & Gas (AAV) traded down C$0.16 during midday trading on Tuesday, hitting C$3.73. The stock had a trading volume of 887,596 shares, compared to its average volume of 1,562,570. The firm has a market capitalization of $723.39, a price-to-earnings ratio of 10.97 and a beta of 0.28. Advantage Oil & Gas has a 52 week low of C$3.52 and a 52 week high of C$9.29.

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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.

Analyst Recommendations for Advantage Oil & Gas (TSE:AAV)

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