Today: The Royal Bank Of Canada Raises Advantage Oil & Gas Ltd. (AAV) Price Target to C$12.00

The Royal Bank Of Canada Raises Advantage Oil & Gas Ltd. (AAV) Price Target to C$12.00

Advantage Oil & Gas Ltd. (TSE:AAV) had its price target lifted by Royal Bank Of Canada from C$11.00 to C$12.00 in a research report issued to clients and investors on Thursday, StockTargetPrices.com reports. Royal Bank Of Canada’s target price would indicate a potential upside of 22.08% from the company’s previous close.

A number of other equities research analysts also recently weighed in on AAV. Desjardins set a C$10.00 price objective on shares of Advantage Oil & Gas in a research report on Tuesday, June 28th. Scotiabank reaffirmed an “outperform” rating and set a C$9.50 price objective on shares of Advantage Oil & Gas in a research report on Thursday, July 7th. TD Securities lowered their price objective on shares of Advantage Oil & Gas from C$10.00 to C$9.50 and set an “action list buy” rating for the company in a research report on Thursday, July 7th. BMO Capital Markets began coverage on shares of Advantage Oil & Gas in a research report on Thursday, July 21st. They set an “outperform” rating and a C$10.50 price objective for the company. Finally, FirstEnergy Capital upped their target price on shares of Advantage Oil & Gas from C$10.00 to C$10.25 and gave the stock an “outperform” rating in a research report on Monday, August 8th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Advantage Oil & Gas has a consensus rating of “Buy” and a consensus target price of C$9.90.

Shares of Advantage Oil & Gas (TSE:AAV) traded up 2.29% on Thursday, hitting $9.83. 2,043,609 shares of the stock were exchanged. The firm’s 50-day moving average is $9.12 and its 200-day moving average is $7.96. Advantage Oil & Gas has a one year low of $5.85 and a one year high of $10.01. The company has a market cap of $1.81 billion and a P/E ratio of 393.20.

In other news, insider Donald Craig Blackwood sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 8th. The shares were sold at an average price of C$8.86, for a total value of C$88,600.00.

Advantage Oil & Gas Company Profile

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