Advantage Energy Ltd. (TSE:AAV) Receives C$13.21 Consensus Price Target from Brokerages

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) has been given a consensus recommendation of “Moderate Buy” by the eleven ratings firms that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is C$13.21.

Several analysts have commented on the stock. BMO Capital Markets decreased their target price on shares of Advantage Energy from C$13.00 to C$12.00 in a research report on Friday, October 4th. National Bank Financial lowered Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 8th. National Bankshares decreased their price target on Advantage Energy from C$13.00 to C$11.50 in a research note on Friday, September 27th. Cormark raised Advantage Energy to a “moderate buy” rating in a research note on Monday, September 23rd. Finally, TD Securities reaffirmed a “buy” rating and set a C$13.00 target price on shares of Advantage Energy in a research report on Wednesday, October 9th.

Insider Buying and Selling at Advantage Energy

In other news, Senior Officer Geoffrey Keyser bought 4,000 shares of the business’s stock in a transaction dated Monday, October 28th. The stock was bought at an average price of C$8.89 per share, for a total transaction of C$35,540.00. Also, Senior Officer Darren Tisdale purchased 3,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The shares were acquired at an average cost of C$8.85 per share, with a total value of C$26,550.00. Insiders have acquired 54,047 shares of company stock valued at $476,272 in the last 90 days. 1.55% of the stock is currently owned by company insiders.

Advantage Energy Trading Down 0.4 %

Advantage Energy stock opened at C$10.39 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 46.86. Advantage Energy has a 12 month low of C$8.24 and a 12 month high of C$11.73. The company’s fifty day simple moving average is C$9.14 and its 200-day simple moving average is C$9.42. The stock has a market cap of C$1.73 billion, a P/E ratio of 22.11, a P/E/G ratio of -3.58 and a beta of 1.46.

Advantage Energy (TSE:AAV) (NYSE:AAV) last posted its quarterly earnings results on Thursday, October 24th. The company reported C($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.07). The firm had revenue of C$144.86 million for the quarter, compared to analysts’ expectations of C$161.10 million. Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. As a group, sell-side analysts forecast that Advantage Energy will post 1.4701493 EPS 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.