RBC Capital’s Take on This Canadian Energy Company


RBC Capital analyst Michael Harvey maintained a Hold rating on Advantage Oil & Gas (AAVVF) on October 16 and set a price target of C$2.50. The company’s shares closed last Friday at $1.61.

According to TipRanks.com, Harvey is a 3-star analyst with an average return of 2.6% and a 46.2% success rate. Harvey covers the Utilities sector, focusing on stocks such as Crescent Point Energy, Paramount Resources, and Birchcliff Energy.

Advantage Oil & Gas has an analyst consensus of Strong Buy, with a price target consensus of $2.41, representing a 53.5% upside. In a report issued on October 8, CIBC also maintained a Hold rating on the stock with a C$2.50 price target.

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The company has a one-year high of $2.23 and a one-year low of $0.61. Currently, Advantage Oil & Gas has an average volume of 23.96K.

Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AAVVF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

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