FY2017 EPS Estimates for Advantage Oil & Gas Ltd. Increased by Cormark (AAV)

Advantage Oil & Gas Ltd. (TSE:AAV) (NYSE:AAV) – Stock analysts at Cormark boosted their FY2017 earnings per share estimates for Advantage Oil & Gas in a note issued to investors on Tuesday. Cormark analyst G. Ursu now expects that the company will earn $0.48 per share for the year, up from their previous estimate of $0.47.

A number of other equities research analysts have also weighed in on the company. Royal Bank of Canada lowered their price objective on Advantage Oil & Gas from C$9.00 to C$8.00 and set a “neutral” rating for the company in a research note on Wednesday. National Bank Financial lowered their price objective on Advantage Oil & Gas from C$9.00 to C$8.00 and set an “outperform” rating for the company in a research note on Wednesday. BMO Capital Markets lowered their price objective on Advantage Oil & Gas from C$8.00 to C$6.00 in a research note on Tuesday. Finally, CSFB lowered their price objective on Advantage Oil & Gas from C$10.75 to C$10.25 in a research note on Friday, November 3rd. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Advantage Oil & Gas presently has an average rating of “Buy” and a consensus target price of C$9.92.

Shares of Advantage Oil & Gas (TSE:AAV) opened at C$5.12 on Wednesday. Advantage Oil & Gas has a 12 month low of C$5.03 and a 12 month high of C$9.46.

In other news, insider Andy Mah sold 15,000 shares of Advantage Oil & Gas stock in a transaction that occurred on 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 that occurred on 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 quarter, insiders sold 29,600 shares of company stock valued at $240,232.

TRADEMARK VIOLATION NOTICE: “FY2017 EPS Estimates for Advantage Oil & Gas Ltd. Increased by Cormark (AAV)” was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this article on another website, it was copied illegally and republished in violation of US and international copyright and trademark laws. The legal version of this article can be viewed at https://www.com-unik.info/2017/12/14/fy2017-eps-estimates-for-advantage-oil-gas-ltd-increased-by-cormark-aav.html.

About Advantage Oil & Gas

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.

Earnings History and Estimates for Advantage Oil & Gas (TSE:AAV)

What are top analysts saying about Advantage Oil & Gas? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Advantage Oil & Gas and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit