Advantage Energy (TSE:AAV) Upgraded at Natl Bk Canada

Natl Bk Canada upgraded shares of Advantage Energy (TSE:AAV) (NYSE:AAV) from a hold rating to a strong-buy rating in a report published on Friday morning,Zacks.com reports.

AAV has been the topic of several other research reports. ATB Cormark Capital Markets cut shares of Advantage Energy from a “strong-buy” rating to a “moderate buy” rating and reduced their target price for the company from C$15.00 to C$14.00 in a report on Friday. National Bank Financial raised shares of Advantage Energy from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from C$14.00 to C$15.00 in a research report on Friday. Raymond James Financial raised Advantage Energy from a “hold” rating to a “moderate buy” rating and increased their target price for the company from C$13.00 to C$15.00 in a report on Tuesday, December 9th. Desjardins lifted their price target 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, Royal Bank Of Canada upped their price objective on 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. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$14.14.

Advantage Energy Stock Performance

Advantage Energy stock opened at C$10.78 on Friday. The stock has a market cap of C$1.80 billion, a P/E ratio of 30.80, a price-to-earnings-growth ratio of -3.58 and a beta of -0.04. The company has a debt-to-equity ratio of 41.40, a quick ratio of 0.72 and a current ratio of 0.75. Advantage Energy has a fifty-two week low of C$7.81 and a fifty-two week high of C$13.20. The firm’s fifty day moving average price is C$11.36 and its 200-day moving average price is C$11.43.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its earnings results on Tuesday, October 28th. The company reported C$0.00 EPS for the quarter. The firm had revenue of C$137.96 million during the quarter. Advantage Energy had a return on equity of 2.87% and a net margin of 8.98%. On average, equities research analysts expect that Advantage Energy will post 1.4701493 earnings per share for the current fiscal year.

About Advantage Energy

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.