Advantage Oil & Gas (AAV) Gets a Buy Rating from GMP FirstEnergy

By Ryan Adsit

Advantage Oil & Gas (AAVResearch Report), the Materials sector company was revisited on March 1, and remains undervalued for at least one analyst on the street. Analyst Robert Fitzmartyn from GMP FirstEnergy reiterated a Buy rating, with a C$5.75 price target on March 1.

According to TipRanks.com, Fitzmartyn is ranked #5048 out of 5233 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Advantage Oil & Gas with a C$3.55 average price target.

The company has a one-year high of C$4.80 and a one-year low of C$1.80. Currently, Advantage Oil & Gas has an average volume of 1.14M.

Advantage Oil & Gas Ltd. engages in the business of exploitation, development, acquisition and production of oil and gas. The firm 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 Friday at C$2.44.