Advantage Oil & Gas Gets a Hold Rating from RBC Capital

By Jason Carr

Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. Analyst Michael Harvey from RBC Capital reiterated a Hold rating on Advantage Oil & Gas (TSX: AAV), with a C$5 price target.

Harvey has an average return of 14.7% when recommending Advantage Oil & Gas.

According to TipRanks.com, Harvey is ranked #704 out of 4771 analysts.

Advantage Oil & Gas has an analyst consensus of Moderate Buy, with a price target consensus of C$5.17.

Advantage Oil & Gas’ market cap is currently C$790.3M and has a P/E ratio of 8.4.

Advantage Oil & Gas Ltd. engages in the business of exploitation, development, acquisition and production of oil and gas. The company 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 Thursday at C$4.25, close to its 52-week low of C$3.48.