Advantage Energy Ltd. (TSE:AAV) Receives C$13.42 Consensus PT from Brokerages

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have received a consensus recommendation of “Moderate Buy” from the twelve analysts that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$13.42.

AAV has been the topic of a number of recent analyst reports. Cormark set a C$15.00 price target on Advantage Energy and gave the stock a “buy” rating in a research report on Wednesday, June 19th. National Bankshares lifted their target price on Advantage Energy from C$12.50 to C$13.00 and gave the company an “outperform” rating in a research report on Wednesday, June 19th. TD Securities reissued a “buy” rating and set a C$14.00 price target on shares of Advantage Energy in a research note on Wednesday, June 19th. Scotiabank lifted their price target on Advantage Energy from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research note on Wednesday, June 19th. Finally, Desjardins lifted their price objective on Advantage Energy from C$13.00 to C$13.50 and gave the stock a “buy” rating in a research note on Monday, April 29th.

Insider Activity

In other news, Director Stephen Balog acquired 5,000 shares of the firm’s stock in a transaction dated Tuesday, June 18th. The stock was purchased at an average price of C$10.16 per share, for a total transaction of C$50,800.00. In other Advantage Energy news, Senior Officer Geoffrey Keyser acquired 3,000 shares of the business’s stock in a transaction on Monday, June 17th. The shares were acquired at an average price of C$10.15 per share, with a total value of C$30,450.00. Also, Director Stephen Balog acquired 5,000 shares of the business’s stock in a transaction on Tuesday, June 18th. The stock was acquired at an average cost of C$10.16 per share, for a total transaction of C$50,800.00. Insiders bought a total of 13,000 shares of company stock worth $134,150 over the last quarter. 1.53% of the stock is currently owned by corporate insiders.

Advantage Energy Trading Down 0.9 %

Shares of Advantage Energy stock opened at C$10.29 on Friday. The business has a fifty day simple moving average of C$10.86 and a two-hundred day simple moving average of C$9.82. Advantage Energy has a 1 year low of C$7.83 and a 1 year high of C$11.73. The company has a market capitalization of C$1.66 billion, a price-to-earnings ratio of 18.38, a P/E/G ratio of -3.58 and a beta of 1.61. The company has a debt-to-equity ratio of 25.01, a current ratio of 0.72 and a quick ratio of 0.72.

Advantage Energy (TSE:AAV) (NYSE:AAV) last posted its quarterly earnings data on Thursday, April 25th. The company reported C$0.14 earnings per share for the quarter, topping the consensus estimate of C$0.11 by C$0.03. The firm had revenue of C$139.38 million for the quarter, compared to analysts’ expectations of C$132.00 million. Advantage Energy had a return on equity of 6.06% and a net margin of 18.74%. Research analysts forecast that Advantage Energy will post 0.5729702 EPS for the current 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.