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

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) has earned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$14.14.

AAV has been the subject of several research analyst reports. 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 Bank Financial raised shares of Advantage Energy from a “hold” rating to an “outperform” rating and increased their price target for the stock from C$14.00 to C$15.00 in a research report on Friday, February 13th. Desjardins boosted their price objective 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. Raymond James Financial upgraded Advantage Energy from a “hold” rating to a “moderate buy” rating and upped their price objective for the company from C$13.00 to C$15.00 in a research note on Tuesday, December 9th. Finally, ATB Cormark Capital Markets downgraded Advantage Energy from a “strong-buy” rating to a “moderate buy” rating and reduced their target price for the stock from C$15.00 to C$14.00 in a report on Friday, February 13th.

Advantage Energy Stock Performance

Advantage Energy stock opened at C$11.88 on Friday. Advantage Energy has a 52 week low of C$7.81 and a 52 week high of C$13.20. The company has a current ratio of 0.39, a quick ratio of 0.72 and a debt-to-equity ratio of 52.03. The stock has a market cap of C$1.98 billion, a P/E ratio of 38.32, a price-to-earnings-growth ratio of -3.58 and a beta of -0.14. The stock has a 50 day moving average of C$10.94 and a 200-day moving average of C$11.43.

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.