Advantage Oil & Gas (TSE:AAV) (NYSE:AAV)‘s stock had its “outperform” rating reiterated by research analysts at Raymond James in a research note issued to investors on Monday, Analyst Ratings Network reports. They currently have a C$4.00 price target on the stock. Raymond James’ price objective points to a potential upside of 22.70% from the company’s previous close.
Several other equities research analysts have also commented on the stock. National Bank Financial lifted their price target on shares of Advantage Oil & Gas to C$4.25 and gave the stock an “outperform” rating in a research note on Thursday, April 15th. National Bankshares boosted their price target on shares of Advantage Oil & Gas from C$4.00 to C$4.25 and gave the stock an “outperform” rating in a research note on Thursday, April 15th. BMO Capital Markets lifted their price target on shares of Advantage Oil & Gas from C$3.75 to C$4.25 and gave the company an “outperform” rating in a research report on Thursday, April 15th. Tudor Pickering & Holt lifted their price target on shares of Advantage Oil & Gas from C$3.50 to C$4.00 and gave the company a “buy” rating in a research report on Friday, April 30th. Finally, Scotiabank lifted their price target on shares of Advantage Oil & Gas from C$4.50 to C$5.50 in a research report on Thursday, April 15th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of C$4.23.
Shares of TSE AAV opened at C$3.26 on Monday. The company has a debt-to-equity ratio of 23.98, a quick ratio of 0.56 and a current ratio of 0.71. The firm has a market capitalization of C$613.25 million and a price-to-earnings ratio of -2.15. The stock has a 50 day moving average price of C$2.92 and a 200 day moving average price of C$2.35. Advantage Oil & Gas has a 52-week low of C$1.51 and a 52-week high of C$3.58.
Advantage Oil & Gas (TSE:AAV) (NYSE:AAV) last announced its quarterly earnings results on Thursday, February 25th. The company reported C$0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.03 by C$0.09. The firm had revenue of C$69.93 million during the quarter. Analysts forecast that Advantage Oil & Gas will post 0.18 earnings per share for the current year.
In other news, Senior Officer Neil Bokenfohr sold 50,000 shares of Advantage Oil & Gas stock in a transaction that occurred on Monday, April 12th. The shares were sold at an average price of C$2.96, for a total transaction of C$148,000.00. Following the completion of the sale, the insider now owns 1,350,155 shares in the company, valued at approximately C$3,996,458.80.
Advantage Oil & Gas Company Profile
Advantage Oil & Gas Ltd., together with its subsidiaries, acquires, exploits, develops, and produces crude oil, and natural gas and liquids in the Province of Alberta, Canada. The company focuses on the development and production of its Montney natural gas and liquids resource that includes 216 net sections of land in Glacier, Pipestone/Wembley, Progress, and Valhalla, Alberta.
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