FY2017 EPS Estimates for Advantage Oil & Gas Ltd. Raised by Analyst (AAV)
Advantage Oil & Gas Ltd. (TSE:AAV) (NYSE:AAV) – Equities research analysts at Cormark lifted their FY2017 earnings per share (EPS) estimates for shares of Advantage Oil & Gas in a research report issued on Tuesday. Cormark analyst G. Ursu now expects that the company will earn $0.48 per share for the year, up from their prior estimate of $0.47.
Several other analysts have also recently weighed in on AAV. BMO Capital Markets cut their price target on shares of Advantage Oil & Gas from C$8.00 to C$6.00 in a report on Tuesday. CSFB dropped their target price on shares of Advantage Oil & Gas from C$10.75 to C$10.25 in a report on Friday, November 3rd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of C$10.53.
Shares of Advantage Oil & Gas (TSE:AAV) opened at C$5.16 on Wednesday. Advantage Oil & Gas has a fifty-two week low of C$5.03 and a fifty-two week high of C$9.46.
In other news, insider Andy Mah sold 15,000 shares of Advantage Oil & Gas stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of C$8.01, for a total value of C$120,150.00. Also, insider Donald Craig Blackwood sold 4,600 shares of Advantage Oil & Gas stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of C$8.17, for a total value of C$37,582.00. In the last 90 days, insiders have sold 29,600 shares of company stock worth $240,232.
Advantage Oil & Gas Company Profile
Advantage Oil & Gas Ltd. is an intermediate natural gas and liquids development and production company. The Company is engaged in the business of natural gas exploitation, development, acquisition and production in the Province of Alberta. The Company focuses on the development of Montney resource play at Glacier, Alberta in Western Canada.
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