Advantage Energy Ltd. (TSE:AAV) Receives C$13.38 Consensus Price Target from Brokerages

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have been assigned an average recommendation of “Moderate Buy” from the twelve analysts that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$13.29.

AAV has been the subject of a number of recent research reports. TD Securities lowered their price target on shares of Advantage Energy from C$14.00 to C$13.00 in a research report on Tuesday. National Bank Financial set a C$11.50 price target on shares of Advantage Energy and gave the stock a “sell” rating in a research note on Friday, September 27th. Cormark upgraded shares of Advantage Energy to a “moderate buy” rating in a research note on Monday, September 23rd. National Bankshares reduced their price target on shares of Advantage Energy from C$13.00 to C$11.50 in a research note on Friday, September 27th. Finally, ATB Capital lifted their price target on shares of Advantage Energy from C$13.50 to C$14.00 in a research note on Wednesday, July 10th.

Insider Buying and Selling at Advantage Energy

In other news, Senior Officer Donald Craig Blackwood bought 5,435 shares of the stock in a transaction dated Friday, August 2nd. The stock was purchased at an average price of C$9.20 per share, for a total transaction of C$50,002.00. In related news, Senior Officer Donald Craig Blackwood purchased 5,435 shares of Advantage Energy stock in a transaction that occurred on Friday, August 2nd. The shares were bought at an average price of C$9.20 per share, with a total value of C$50,002.00. Also, Director John Festival purchased 20,000 shares of Advantage Energy stock in a transaction that occurred on Friday, September 27th. The stock was bought at an average cost of C$8.94 per share, for a total transaction of C$178,800.00. Insiders acquired 69,435 shares of company stock worth $658,321 over the last 90 days. 1.53% of the stock is owned by insiders.

Advantage Energy Price Performance

Shares of TSE:AAV opened at C$9.63 on Friday. The company’s fifty day moving average price is C$9.42 and its 200-day moving average price is C$10.13. The firm has a market capitalization of C$1.61 billion, a price-to-earnings ratio of 20.49, a PEG ratio of -3.58 and a beta of 1.48. Advantage Energy has a one year low of C$8.02 and a one year high of C$11.73. The company has a debt-to-equity ratio of 46.86, a current ratio of 0.76 and a quick ratio of 0.72.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its earnings results on Thursday, July 25th. The company reported C($0.07) EPS for the quarter, missing the consensus estimate of C($0.03) by C($0.04). The business had revenue of C$100.66 million for the quarter, compared to the consensus estimate of C$108.50 million. Advantage Energy had a net margin of 16.05% and a return on equity of 5.02%. On average, equities research analysts anticipate that Advantage Energy will post 1.4695513 earnings per share for the current fiscal year.

Advantage Energy Company Profile

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.