Trade Report: The Advantage Oil & Gas Ltd. (AAV) PT Lowered to C$9.00

The Advantage Oil & Gas Ltd. (AAV) PT Lowered to C$9.00

Advantage Oil & Gas Ltd. (TSE:AAV) had its price target decreased by stock analysts at CSFB from C$11.00 to C$9.00 in a research note issued to investors on Friday. The brokerage currently has an “outperform” rating on the stock. CSFB’s price target would suggest a potential downside of 10.98% from the stock’s current price.

A number of other research analysts also recently commented on AAV. Desjardins set a C$10.00 price objective on shares of Advantage Oil & Gas in a research note on Tuesday, June 28th. Scotiabank reiterated an “outperform” rating and set a C$9.50 price objective on shares of Advantage Oil & Gas in a research note on Thursday, July 7th. TD Securities reduced their price objective on shares of 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. Royal Bank Of Canada reiterated an “outperform” rating and set a C$9.00 price objective on shares of Advantage Oil & Gas in a research note on Friday, July 8th. Finally, BMO Capital Markets began coverage on shares of Advantage Oil & Gas in a research report on Thursday, July 21st. They issued an “outperform” rating and a C$10.50 price target on the stock. Nine equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus target price of C$10.40.

Shares of Advantage Oil & Gas (TSE:AAV) opened at 10.11 on Friday. The company’s 50-day moving average is $9.20 and its 200-day moving average is $8.03. Advantage Oil & Gas has a 12-month low of $5.85 and a 12-month high of $10.33. The stock has a market cap of $1.87 billion and a P/E ratio of 404.40.

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

Related posts

Leave a Comment