Advantage Oil & Gas (AAV) PT Lowered to C$5.00
Advantage Oil & Gas (TSE:AAV) (NYSE:AAV) had its price target cut by stock analysts at BMO Capital Markets from C$5.75 to C$5.00 in a research report issued on Tuesday. BMO Capital Markets’ target price points to a potential upside of 30.89% from the company’s previous close.
Several other brokerages have also weighed in on AAV. CSFB cut their price objective on Advantage Oil & Gas from C$10.75 to C$10.25 in a report on Friday, November 3rd. Royal Bank of Canada cut their price objective on Advantage Oil & Gas from C$9.00 to C$8.00 and set a “neutral” rating for the company in a report on Wednesday, December 13th. National Bank Financial cut their price objective on Advantage Oil & Gas from C$9.00 to C$8.00 and set an “outperform” rating for the company in a report on Wednesday, December 13th. CIBC cut their price objective on Advantage Oil & Gas from C$8.00 to C$6.50 in a report on Tuesday, January 23rd. Finally, Raymond James Financial cut their price objective on Advantage Oil & Gas from C$6.75 to C$5.50 in a report on Monday, February 5th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of C$8.03.
Shares of Advantage Oil & Gas (AAV) traded down C$0.07 during trading on Tuesday, hitting C$3.82. The stock had a trading volume of 365,855 shares, compared to its average volume of 1,545,508. The firm has a market capitalization of $723.39, a price-to-earnings ratio of 11.24 and a beta of 0.28. Advantage Oil & Gas has a twelve month low of C$3.52 and a twelve month high of C$9.29.
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.
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