Analyst Ratings Coverage
Analyst ratings for Advantage Oil & Gas (AAV:CA)
- CIBC World Markets maintains its rating of “Neutral”. and maintained the target price at CAD 10.5. CIBC World Markets has a high analyst grade (A+), indicating a strong level of confidence. Their rating is based on the Oil & Gas Exploration and Production (E&P) industry.
- TD Securities rates Advantage Oil & Gas as a “Buy” and also maintains the target price at CAD 12. TD Securities has a favorable analyst grade (A-) and focuses on the Oil & Gas E&P sector.
- Scotia Capital is notably optimistic, offering an “Outperform” rating and maintaining it. They have set a target price of CAD 18. Scotia Capital’s analyst grade is A+, reflecting a high degree of confidence, and their analysis pertains to the Oil & Gas E&P industry.
AAV Stock Analysis
Analyst Target Price: Based on forecasts from 9 analysts, the average target price for Advantage Oil & Gas Ltd. is CAD 12.55 over the next 12 months. This target price reflects the analysts’ expectations for the stock’s performance and potential growth.
Analyst Rating: The average analyst rating for Advantage Oil & Gas Ltd. is “Strong Buy.” This indicates that the majority of analysts who cover the stock have a positive outlook and recommend buying shares of the company. A “Strong Buy” rating suggests a high level of confidence in the stock’s future performance.
Stock Target Advisor Analysis: Stock Target Advisor, an independent analysis source, provides its own assessment, rating Advantage Oil & Gas Ltd. as “Slightly Bearish.” This suggests a somewhat cautious stance on the stock. Stock Target Advisor’s analysis is based on a combination of signals, including both positive and negative indicators.
Stock Performance: At the most recent closing, Advantage Oil & Gas Ltd.’s stock price was CAD 9.54. Over the past week, the stock price has experienced a slight decline of -1.14%. However, it has shown positive momentum over the past month, with a gain of +5.18%. Looking back over the past year, the stock has decreased by -5.64%, which may indicate some challenges faced by the company during that period.
Final Stock Analysis
The analyst community is generally bullish on Advantage Oil & Gas Ltd., with a “Strong Buy” consensus rating and a positive average target price. However, it’s important to consider Stock Target Advisor’s “Slightly Bearish” analysis, which suggests some caution based on a mix of positive and negative signals. The stock has seen recent fluctuations in its price, and investors should conduct thorough research and consider their investment objectives and risk tolerance before making decisions related to Advantage Oil & Gas Ltd.
