A number of other research analysts also recently commented on the company. TD Securities lowered their target price on Advantage Oil & Gas from C$10.00 to C$9.50 and set an action list buy rating on the stock in a research note on Thursday, July 7th. Desjardins set a C$10.00 target price on Advantage Oil & Gas in a research note on Tuesday, June 28th. Royal Bank Of Canada lowered their target price on Advantage Oil & Gas from C$11.00 to C$9.00 and set an outperform rating on the stock in a research note on Tuesday, August 9th. RBC Capital Markets boosted their target price on Advantage Oil & Gas from C$9.00 to C$11.00 and gave the company an outperform rating in a research note on Monday, August 8th. Finally, Raymond James Financial Inc. boosted their target price on Advantage Oil & Gas from C$11.00 to C$12.75 in a research note on Friday, October 14th. Nine equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and an average price target of C$10.40.
Shares of Advantage Oil & Gas (TSE:AAV) opened at 10.04 on Friday. The stock has a market capitalization of $1.85 billion and a P/E ratio of 401.60. The firm’s 50-day moving average price is $9.23 and its 200 day moving average price is $8.06. Advantage Oil & Gas has a 12-month low of $5.85 and a 12-month high of $10.33.
In related news, insider Donald Craig Blackwood sold 10,000 shares of the business’s stock in a transaction dated Monday, August 8th. The stock was sold at an average price of C$8.86, for a total transaction of C$88,600.00.
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. It operates in the Montney resource play located in Western Canada.
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