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Scotia Capital disclosed Advantage Oil Gas (TSE:AAV), boosting its price target to $10.75 earlier today

Stating a potential upside of 0.06%, Scotia Capital upped the target price of Advantage Oil Gas (TSE:AAV) to $10.75

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 $10.18. The company’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 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 P/E ratio of 405.60 with a 52 week low of $5.85 and a 52 week high of $10.14 .

A total of 15 brokerages have issued a ratings update on Advantage Oil Gas. Two brokerages rating the company a strong buy, eleven brokerages rating the company a buy, one brokerage rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $7.55.

General Company Details For 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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