Today, an analyst has provided a rating update for the Materials sector company, Advantage Oil & Gas (AAV). Analyst Robert Fitzmartyn from GMP FirstEnergy reiterated a Buy rating, with a C$4 price target.
According to TipRanks.com, Fitzmartyn ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -25.4% and a 13.1% success rate. Fitzmartyn covers the Basic Materials sector, focusing on stocks such as Birchcliff Energy Ltd, Kelt Exploration Ltd, and Crew Energy Inc.
Read also: Texas Mineral Resources (TMRC): This Rare Earth Metal Play Could See Substantial Upside
Currently, the analyst consensus on Advantage Oil & Gas is a Moderate Buy with an average price target of C$3.63.
Advantage Oil & Gas’ market cap is currently C$297.5M and has a P/E ratio of 117.1. The company has a Price to Book ratio of 0.22.
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 Friday at C$1.60, close to its 52-week low of C$1.58.
