Raymond James Maintains a Hold Rating on Advantage Oil & Gas (AAV)


A Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. Analyst Kurt Molnar from Raymond James rated Advantage Oil & Gas (AAV) a Hold, setting a C$4 price target.

According to TipRanks.com, Molnar has currently no stars on a ranking scale of 0-5 stars, with an average return of -21.2% and a 12.5% success rate. Molnar covers the Basic Materials sector, focusing on stocks such as Birchcliff Energy Ltd, NuVista Energy Ltd, and Vermilion Energy.

Read also: Direxion Daily Jr Gld Mnrs (JNUG): Gold Stocks Recovering

Currently, the analyst consensus on Advantage Oil & Gas is a Moderate Buy with an average price target of C$4.67, a 46.9% upside from current levels. In a report released today, BMO Capital also maintained a Hold rating on the stock with a C$3.50 price target.

.

The company has a one-year high of C$7.44 and a one-year low of C$2.81. Currently, Advantage Oil & Gas has an average volume of 976.8K.

Advantage Oil & Gas Ltd. engages in the business of exploitation, development, acquisition and production of oil and gas. The firm focuses on montney natural gas and liquids resource. It develops and operates a natural gas property in Alberta. The company was founded on January 2, 1997 and is headquartered in Calgary, Canada.

The company’s shares closed on Monday at C$3.18, close to its 52-week low of C$2.81.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts