Raymond James Lowers Advantage Oil & Gas (AAV) Price Target to C$4.25

Advantage Oil & Gas (TSE:AAV) (NYSE:AAV) had its price objective cut by Raymond James from C$5.00 to C$4.25 in a research report released on Friday morning.

Several other research analysts also recently commented on the stock. TD Securities boosted their price objective on shares of Advantage Oil & Gas from C$5.00 to C$5.50 and gave the company a buy rating in a research report on Tuesday, August 7th. National Bank Financial upped their price target on shares of Advantage Oil & Gas from C$5.00 to C$6.00 and gave the stock a c$4.21 rating in a report on Monday, July 23rd. Finally, CIBC lowered their price target on shares of Advantage Oil & Gas from C$5.50 to C$5.25 in a report on Friday, July 20th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of C$6.19.

Shares of AAV opened at C$3.38 on Friday. Advantage Oil & Gas has a one year low of C$3.11 and a one year high of C$7.44.

Advantage Oil & Gas (TSE:AAV) (NYSE:AAV) last announced its quarterly earnings data on Thursday, August 2nd. The company reported C($0.01) EPS for the quarter, missing the consensus estimate of C$0.01 by C($0.02). Advantage Oil & Gas had a net margin of 29.74% and a return on equity of 4.08%. The firm had revenue of C$43.63 million for the quarter, compared to analyst estimates of C$62.20 million.

About Advantage Oil & Gas

Advantage Oil & Gas Ltd., together with its subsidiaries, acquires, exploits, develops, and produces natural gas in the Province of Alberta, Canada. The company primarily focuses on the development and delineation of its Montney natural gas and liquids resource that includes 200 net sections of land in Glacier, Alberta.

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