Advantage Energy (TSE:AAV) Stock Rating Reaffirmed by TD Securities

Advantage Energy (TSE:AAV) (NYSE:AAV)‘s stock had its “buy” rating restated by investment analysts at TD Securities in a research note issued on Friday, Stock Target Advisor reports. They currently have a C$14.00 price target on the stock. TD Securities’ price objective would indicate a potential upside of 29.15% from the company’s previous close.

Several other equities research analysts have also issued reports on AAV. Stifel Nicolaus dropped their price target on Advantage Energy from C$14.50 to C$13.00 and set a “buy” rating on the stock in a research report on Monday, February 5th. Royal Bank of Canada upped their price target on Advantage Energy from C$10.00 to C$11.00 and gave the company a “sector perform” rating in a research report on Tuesday, March 5th. BMO Capital Markets reissued an “outperform” rating and set a C$13.00 price target on shares of Advantage Energy in a research report on Monday, April 8th. Scotiabank upped their price target on Advantage Energy from C$16.00 to C$17.00 and gave the company a “sector perform” rating in a research report on Tuesday, March 5th. Finally, Raymond James dropped their price target on Advantage Energy from C$13.00 to C$11.00 and set an “outperform” rating on the stock in a research report on Friday, January 19th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$12.68.

Advantage Energy Stock Up 1.0 %

TSE AAV opened at C$10.84 on Friday. The stock has a market cap of C$1.73 billion, a PE ratio of 18.37, a P/E/G ratio of -3.58 and a beta of 1.65. Advantage Energy has a fifty-two week low of C$6.79 and a fifty-two week high of C$11.14. The business has a 50 day moving average price of C$10.06 and a two-hundred day moving average price of C$9.49. The company has a quick ratio of 0.72, a current ratio of 1.25 and a debt-to-equity ratio of 22.74.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its earnings results on Thursday, April 25th. The company reported C$0.14 EPS for the quarter, beating the consensus estimate of C$0.11 by C$0.03. The company had revenue of C$139.38 million during the quarter, compared to analysts’ expectations of C$132.00 million. Advantage Energy had a return on equity of 6.43% and a net margin of 19.94%. As a group, sell-side analysts predict that Advantage Energy will post 0.5298117 EPS for the current fiscal year.

Insiders Place Their Bets

In other Advantage Energy news, Director John Larry Festival purchased 40,000 shares of the stock in a transaction dated Tuesday, March 19th. The shares were bought at an average cost of C$9.95 per share, with a total value of C$398,000.00. 1.27% of the stock is owned by corporate insiders.

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.