Advantage Energy Ltd. (TSE:AAV) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have received an average recommendation of “Moderate Buy” from the nine analysts that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is C$13.85.

AAV has been the topic of several research analyst reports. CIBC boosted their price objective on Advantage Energy from C$11.00 to C$11.50 in a research report on Friday, January 17th. National Bank Financial upgraded Advantage Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 20th. BMO Capital Markets boosted their price objective on Advantage Energy from C$12.00 to C$13.00 in a research report on Tuesday, January 14th. Finally, National Bankshares upgraded Advantage Energy from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from C$11.50 to C$15.00 in a research report on Thursday, January 30th.

Insider Transactions at Advantage Energy

In other news, Senior Officer Geoffrey Keyser bought 3,000 shares of Advantage Energy stock in a transaction dated Wednesday, January 29th. The shares were purchased at an average cost of C$9.10 per share, with a total value of C$27,300.00. Insiders own 1.55% of the company’s stock.

Advantage Energy Price Performance

Shares of Advantage Energy stock opened at C$9.36 on Wednesday. The stock’s 50-day simple moving average is C$9.62 and its 200-day simple moving average is C$9.32. Advantage Energy has a 52 week low of C$8.27 and a 52 week high of C$11.73. The company has a market capitalization of C$1.55 billion, a price-to-earnings ratio of 34.09, a PEG ratio of -3.58 and a beta of 1.46. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 41.40.

About Advantage Energy

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.