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

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have been given an average rating of “Moderate Buy” by the nine ratings firms that are presently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is C$14.00.

Several equities research analysts have recently commented on the stock. Royal Bank Of Canada boosted their target price on shares of Advantage Energy from C$12.00 to C$14.00 and gave the stock a “sector perform” rating in a research report on Thursday, December 11th. National Bankshares lowered Advantage Energy from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from C$14.50 to C$14.00 in a report on Wednesday, October 22nd. ATB Capital increased their price objective on Advantage Energy from C$14.00 to C$15.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 10th. Desjardins raised their target price on Advantage Energy from C$14.50 to C$15.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Finally, Raymond James Financial upgraded Advantage Energy from a “hold” rating to a “moderate buy” rating and upped their price target for the stock from C$13.00 to C$15.00 in a report on Tuesday, December 9th.

Advantage Energy Price Performance

Shares of TSE:AAV opened at C$11.73 on Monday. Advantage Energy has a twelve month low of C$7.81 and a twelve month high of C$13.20. The stock’s 50 day moving average is C$11.91 and its 200-day moving average is C$11.52. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 41.40. The firm has a market capitalization of C$1.96 billion, a price-to-earnings ratio of 33.51, a PEG ratio of -3.58 and a beta of -0.20.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its quarterly earnings results on Tuesday, October 28th. The company reported C$0.00 EPS for the quarter. Advantage Energy had a net margin of 8.98% and a return on equity of 2.87%. The business had revenue of C$137.96 million during the quarter. Sell-side analysts forecast that Advantage Energy will post 1.4701493 EPS for the current fiscal year.

Advantage Energy Company Profile

Advantage Energy Ltd supplies clean, affordable, reliable, and sustainable Canadian energy to power the needs of Canada and the world. It is focused on the development and delineation of its Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla, and Progress, Alberta.