Advantage Oil & Gas (AAV) Price Target Cut to C$6.00 by Analysts at Eight Capital

Advantage Oil & Gas (TSE:AAV) (NYSE:AAV) had its price objective reduced by Eight Capital from C$6.15 to C$6.00 in a research note published on Friday morning.

Other equities analysts have also recently issued research reports about the company. National Bank Financial dropped their target price on Advantage Oil & Gas from C$8.00 to C$6.25 and set an outperform rating for the company in a report on Tuesday, January 9th. Raymond James dropped their target price on Advantage Oil & Gas from C$5.50 to C$5.25 and set an outperform rating for the company in a report on Tuesday, February 13th. CIBC lifted their target price on Advantage Oil & Gas from C$5.50 to C$6.50 in a report on Tuesday, March 20th. BMO Capital Markets dropped their target price on Advantage Oil & Gas from C$5.75 to C$5.00 in a report on Tuesday, February 13th. Finally, Royal Bank of Canada dropped their target price on Advantage Oil & Gas from C$7.00 to C$6.00 and set a sector perform rating for the company in a report on Wednesday, March 7th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Advantage Oil & Gas has a consensus rating of Buy and a consensus target price of C$6.31.

TSE:AAV opened at C$3.95 on Friday. Advantage Oil & Gas has a 1 year low of C$3.48 and a 1 year high of C$9.24.

Advantage Oil & Gas (TSE:AAV) (NYSE:AAV) last released its quarterly earnings data on Monday, March 5th. The company reported C$0.05 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of C$0.05. Advantage Oil & Gas had a return on equity of 4.08% and a net margin of 29.74%. The business had revenue of C$65.78 million for the quarter, compared to the consensus estimate of C$67.50 million.

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About Advantage Oil & Gas

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. The Company focuses on the development of Montney resource play at Glacier, Alberta in Western Canada.

Analyst Recommendations for Advantage Oil & Gas (TSE:AAV)

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