Advantage Oil Gas (TSE:AAV) stock price target increased to $10.50, issued a research note today by BMO Capital Markets
- Updated: November 29, 2016
Yesterday Advantage Oil Gas (TSE:AAV) traded -1.19% lower at $9.13. The company’s 50-day moving average is $9.36 and its 200-day moving average is $8.55. The last closing price is up 6.50% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 466,028 shares of the stock traded hands, down from an average trading volume of 611,891
In a report released on 11/29/2016 BMO Capital Markets increased the stock price target of Advantage Oil Gas (TSE:AAV) to $10.50 indicating a possible upside of 0.15%.
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Advantage Oil Gas has a 52 week low of $5.85 and a 52 week high of $10.33 with a P/E ratio of 337.41 The company’s market capitalization is currently $0.
In addition to BMO Capital Markets reporting its stock price target, a total of 14 brokerages have issued a ratings update on the company. The average stock price target is $8.53 with 0 brokerages rating the stock a strong buy, 14 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On 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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