Advantage Oil & Gas Ltd. (TSE:AAV)‘s stock had its “buy” rating reiterated by analysts at TD Securities in a report issued on Friday. They presently have a C$11.50 price objective on the stock. TD Securities’ price target suggests a potential upside of 13.75% from the stock’s previous close.
Other research analysts have also recently issued research reports about the company. Desjardins set a C$10.00 price objective on Advantage Oil & Gas in a research report on Tuesday, June 28th. Royal Bank Of Canada cut their price objective on Advantage Oil & Gas from C$11.00 to C$9.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 9th. Scotiabank reissued an “outperform” rating and issued a C$10.75 price objective on shares of Advantage Oil & Gas in a research report on Friday. Raymond James Financial Inc. boosted their price objective on Advantage Oil & Gas from C$11.00 to C$12.75 in a research report on Friday. Finally, RBC Capital Markets boosted their price objective on Advantage Oil & Gas from C$9.00 to C$11.00 and gave the stock an “outperform” rating in a research report on Monday, August 8th. Nine research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average price target of C$10.40.
Advantage Oil & Gas (TSE:AAV) opened at 10.11 on Friday. The firm has a market cap of $1.87 billion and a P/E ratio of 404.40. The firm’s 50-day moving average price is $9.20 and its 200-day moving average price is $8.03. Advantage Oil & Gas has a 52-week low of $5.85 and a 52-week high of $10.33.
In related news, insider Donald Craig Blackwood sold 10,000 shares of the business’s stock in a transaction on 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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