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A statement released earlier today by RBC Capital Markets about Advantage Oil Gas (TSE:AAV) raises the target price to $12.00

Indicating a possible upside of 0.19%, RBC Capital Markets increased the target price of Advantage Oil Gas (TSE:AAV) to $12.00

Previously on 07/21/2016, BMO Capital Markets reported on Advantage Oil Gas (TSE:AAV) increased the target price from $0.00 to $10.50. At the time, this indicated a possible upside of 0.25%.

Just yesterday Advantage Oil Gas (TSE:AAV) traded 3.15% higher at $10.07. Advantage Oil Gas’s 50-day moving average is $9.14 and its 200-day moving average is $7.97. The last stock close price is up 27.17% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 344,606 shares of AAV changing hands under the typical 638,721

Performance Chart

Advantage Oil Gas (TSE:AAV)

With a total market value of $0, Advantage Oil Gas has PE ratio of 405.60 with a 52 week low of $5.85 and a 52 week high of $10.14 .

In addition to RBC Capital Markets reporting its stock price target, a total of 15 brokers have issued a report on the company. The average stock price target is $7.55 with 2 brokers rating the stock a strong buy, 11 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Advantage Oil Gas (TSE:AAV)

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. Its Advantage Oil & Gas Ltd. (Advantage) segment develops and operates a natural gas focused property in Alberta. The Company is focused on development of its Glacier, Alberta area. The Company has drilled approximately 20 Montney gas wells and a service well. The Glacier property lies along the Alberta side of the border with British Columbia between Grande Prairie, Alberta and Dawson Creek, British Columbia. The primary zones of interest are within the Triassic Montney and Doig formation siltstones. The Glacier property consists of approximately 80 net sections of land with Doig/Montney interests. The Company owns and operates a working interest gas plant located at 5-02-76-12W6.

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