A Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. Advantage Oil & Gas (AAV) received a Buy rating from GMP FirstEnergy’s analyst Michael Dunn, with a C$4.35 price target.
According to TipRanks.com, Dunn ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -13.7% and a 22.5% success rate. Dunn covers the Basic Materials sector, focusing on stocks such as PrairieSky Royalty Ltd, Parex Resources Inc, and Baytex Energy Corp.
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Currently, the analyst consensus on Advantage Oil & Gas is a Moderate Buy with an average price target of C$3.07, which is a 73.9% upside from current levels. In a report issued on July 25, Desjardins also reiterated a Buy rating on the stock with a C$3.75 price target.
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The company has a one-year high of C$4.32 and a one-year low of C$1.48. Currently, Advantage Oil & Gas has an average volume of 482.9K.
Advantage Oil & Gas Ltd. engages in the exploitation, development, acquisition, and production of natural gas and liquids. It focuses on the development and delineation of Montney natural gas and liquids resource at Glacier, Wembley, Valhalla, and Progress properties. The company was founded on January 2, 1997 and is headquartered in Calgary, Canada.
The company’s shares closed on Tuesday at C$1.77, close to its 52-week low of C$1.48.
