Advantage Energy (TSE:AAV) PT Raised to C$12.50

Advantage Energy (TSE:AAV) (NYSE:AAV) had its price objective boosted by National Bankshares from C$12.00 to C$12.50 in a research note issued to investors on Friday morning, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

AAV has been the topic of a number of other research reports. BMO Capital Markets reaffirmed an outperform rating and set a C$13.00 price objective on shares of Advantage Energy in a research note on Monday, April 8th. Raymond James dropped their target price on shares of Advantage Energy from C$13.00 to C$11.00 and set an outperform rating for the company in a report on Friday, January 19th. Scotiabank raised their price target on shares of Advantage Energy from C$16.00 to C$17.00 and gave the stock a sector perform rating in a research note on Tuesday, March 5th. CIBC reduced their price objective on Advantage Energy from C$10.50 to C$9.75 in a research report on Tuesday, January 16th. Finally, TD Securities boosted their target price on shares of Advantage Energy from C$11.50 to C$12.00 and gave the company a buy rating in a report on Wednesday, March 6th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of Moderate Buy and an average price target of C$12.50.

Advantage Energy Stock Performance

Shares of Advantage Energy stock opened at C$10.48 on Friday. Advantage Energy has a one year low of C$6.79 and a one year high of C$11.05. The company has a 50-day simple moving average of C$9.95 and a two-hundred day simple moving average of C$9.45. The company has a debt-to-equity ratio of 22.74, a quick ratio of 0.72 and a current ratio of 1.25. The company has a market capitalization of C$1.67 billion, a PE ratio of 17.76, a P/E/G ratio of -3.58 and a beta of 1.65.

Advantage Energy (TSE:AAV) (NYSE:AAV) last posted its quarterly earnings data on Monday, March 4th. The company reported C$0.25 EPS for the quarter, topping the consensus estimate of C$0.19 by C$0.06. The business had revenue of C$147.14 million during the quarter, compared to the consensus estimate of C$141.00 million. Advantage Energy had a net margin of 19.94% and a return on equity of 6.43%. Research analysts expect that Advantage Energy will post 0.5298117 EPS for the current fiscal year.

Insider Activity at Advantage Energy

In other Advantage Energy news, Director John Larry Festival acquired 40,000 shares of the company’s stock in a transaction dated Tuesday, March 19th. The shares were acquired at an average price of C$9.95 per share, for a total transaction of C$398,000.00. 1.27% of the stock is currently owned by corporate insiders.

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.