Advantage Oil & Gas (TSE:AAV) (NYSE:AAV) had its target price lowered by Royal Bank of Canada from C$2.75 to C$2.50 in a research note published on Thursday morning, BayStreet.CA reports.
A number of other research analysts have also commented on AAV. TD Securities increased their price objective on Premium Brands from C$93.00 to C$96.00 and gave the company a buy rating in a research report on Wednesday, May 22nd. GMP Securities reiterated a buy rating and issued a $22.25 price objective on shares of SPDR Wells Fargo Preferred Stock ETF in a research report on Friday, June 28th. National Bank Financial decreased their price objective on Yangarra Resources from C$5.50 to C$5.00 and set an outperform rating on the stock in a research report on Tuesday, June 25th. Finally, Raymond James set a $60.00 price objective on Banner and gave the company a buy rating in a research report on Friday, May 3rd. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. Advantage Oil & Gas has a consensus rating of Buy and a consensus price target of C$3.56.
Shares of AAV opened at C$1.89 on Thursday. The company has a market cap of $342.61 million and a price-to-earnings ratio of 210.00. The company has a debt-to-equity ratio of 21.96, a current ratio of 1.78 and a quick ratio of 1.19. The company has a fifty day moving average price of C$1.67. Advantage Oil & Gas has a 52 week low of C$1.48 and a 52 week high of C$4.80.
About Advantage Oil & Gas
Advantage Oil & Gas Ltd., together with its subsidiaries, acquires, exploits, develops, and produces natural gas and liquids in the Province of Alberta, Canada. The company focuses on the development and production of its Montney natural gas and liquids resource that includes 200 net sections of land in Glacier, Wembley, and Valhalla, Alberta.
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