TD Securities announced Advantage Oil Gas (TSE:AAV), bumping up its stock price target to $11.50 today
- Updated: October 14, 2016
In a statement issued on 10/14/2016 TD Securities upped the target of Advantage Oil Gas (TSE:AAV) to $11.50 indicating a possible upside of 0.13%.
Previously on 7/21/2016, BMO Capital Markets reported about Advantage Oil Gas (TSE:AAV) raised the target price from $0.00 to $10.50. At the time, this indicated a possible upside of 0.25%.
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 same time. 344,606 shares of Advantage Oil Gas exchanged hands, down from an avg. volume of 638,721
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Advantage Oil Gas has a 52 week low of $5.85 and a 52 week high of $10.14 with a P/E ratio of 405.60 The company’s market cap is currently $0.
In addition to TD Securities reporting its stock price target, a total of 15 analysts have released a research note on AAV. The one year target price is $7.55 with 2 equity analysts rating the company a strong buy, 11 brokers rating the stock a buy, 1 firm rating the stock a hold, zero brokerages rating the company a underperform, and lastly zero analysts rating the company a sell.
More 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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