Advantage Energy (TSE:AAV) Upgraded at National Bank Financial

National Bank Financial upgraded shares of Advantage Energy (TSE:AAV) (NYSE:AAV) from a sector perform rating to an outperform rating in a research report report published on Friday,BayStreet.CA reports. They currently have C$15.00 price target on the stock, up from their prior price target of C$14.00.

Several other research analysts have also commented on the company. Royal Bank Of Canada raised their price objective on Advantage Energy from C$12.00 to C$14.00 and gave the company a “sector perform” rating in a research report on Thursday, December 11th. Natl Bk Canada lowered Advantage Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 26th. ATB Cormark Capital Markets cut Advantage Energy from a “strong-buy” rating to a “moderate buy” rating and decreased their price target for the stock from C$15.00 to C$14.00 in a research note on Friday. Desjardins lifted their target price on Advantage Energy from C$14.50 to C$15.00 and gave the stock 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 boosted their price objective for the stock from C$13.00 to C$15.00 in a report on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of C$14.14.

Advantage Energy Trading Down 5.5%

Advantage Energy stock opened at C$10.78 on Friday. The stock has a market cap of C$1.80 billion, a PE ratio of 30.80, a P/E/G ratio of -3.58 and a beta of -0.04. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 41.40. Advantage Energy has a 52 week low of C$7.81 and a 52 week high of C$13.20. The stock has a 50-day moving average price of C$11.36 and a 200 day moving average price of C$11.43.

Advantage Energy (TSE:AAV) (NYSE:AAV) last issued its quarterly earnings results on Tuesday, October 28th. The company reported C$0.00 earnings per share for the quarter. Advantage Energy had a return on equity of 2.87% and a net margin of 8.98%.The company had revenue of C$137.96 million for the quarter. Equities research analysts predict that Advantage Energy will post 1.4701493 earnings per share 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.