OTCMKTS:AOIFF - Africa Oil Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $1.60
  • Forecasted Upside: 66.11 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$0.96
▼ -0.0127 (-1.30%)
1 month | 3 months | 12 months
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Analyst Price Target for AOIFF

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$1.60
▲ +66.11% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Africa Oil in the last 3 months. The average price target is $1.60, with a high forecast of $1.60 and a low forecast of $1.60. The average price target represents a 66.11% upside from the last price of $0.96.
Buy
The current consensus among 2 polled investment analysts is to buy stock in Africa Oil. This rating has held steady since February 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/27/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/25/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/24/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/23/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/21/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/19/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/20/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/19/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
1/14/2021ScotiabankBoost Price TargetSector Perform$1.50 ➝ $1.60
i
8/17/2020Royal Bank of CanadaReiterated RatingOutperform
i
6/26/2020Royal Bank of CanadaReiterated RatingOutperform
i
3/4/2019BarclaysDowngradeOverweight ➝ Equal Weight
i
12/17/2018GMP SecuritiesReiterated RatingBuy
i
11/1/2018BMO Capital MarketsReiterated RatingBuy
i
Rating by David Round at BMO Capital Markets
11/18/2016TD SecuritiesReiterated RatingBuy$3.50
i
8/16/2016ScotiabankReiterated RatingSector Perform$3.00
i
7/12/2016FirstEnergy CapitalReiterated RatingTop Pick
i
Rating by S. Foucaud at FirstEnergy Capital
5/31/2016Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy
i
(Data available from 4/19/2016 forward)
Africa Oil logo
Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and development company in Kenya, Nigeria, and South Africa. The company holds interests in producing and development assets in deep-water Nigeria and development assets in Kenya. It also has a portfolio of exploration assets in Guyana, Kenya, Namibia, Nigeria, South Africa, Ethiopia, and in the Senegal Guinea Bissau Joint Development Zone. The company was formerly known as Canmex Minerals Corporation and changed its name to Africa Oil Corp. in August 2007. Africa Oil Corp. was incorporated in 1983 and is headquartered in Vancouver, Canada.
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Today's Range

Now: $0.96
$0.96
$0.96

50 Day Range

MA: $0.97
$0.92
$1.04

52 Week Range

Now: $0.96
$0.60
$1.07

Volume

3,725 shs

Average Volume

31,074 shs

Market Capitalization

$455.84 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.77

Frequently Asked Questions

What sell-side analysts currently cover shares of Africa Oil?

The following Wall Street analysts have issued reports on Africa Oil in the last twelve months: Royal Bank of Canada, and Scotiabank.
View the latest analyst ratings for AOIFF.

What is the current price target for Africa Oil?

1 Wall Street analysts have set twelve-month price targets for Africa Oil in the last year. Their average twelve-month price target is $1.60, suggesting a possible upside of 66.1%. Scotiabank has the highest price target set, predicting AOIFF will reach $1.60 in the next twelve months. Scotiabank has the lowest price target set, forecasting a price of $1.60 for Africa Oil in the next year.
View the latest price targets for AOIFF.

What is the current consensus analyst rating for Africa Oil?

Africa Oil currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe AOIFF will outperform the market and that investors should add to their positions of Africa Oil.
View the latest ratings for AOIFF.

What other companies compete with Africa Oil?

How do I contact Africa Oil's investor relations team?

Africa Oil's physical mailing address is 885 W. GEORGIA STREET SUITE 2000, VANCOUVER A1, V6C 3E8. The energy company's listed phone number is 604-689-7842 and its investor relations email address is [email protected] The official website for Africa Oil is www.africaoilcorp.com.