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

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) has been given an average rating of “Moderate Buy” by the nine research firms that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$13.85.

Several research firms recently issued reports on AAV. National Bank Financial upgraded Advantage Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, January 20th. CIBC upped their price objective on Advantage Energy from C$11.00 to C$11.50 in a research note on Friday, January 17th. National Bankshares raised shares of Advantage Energy from a “sector perform” rating to an “outperform” rating and raised their target price for the company from C$11.50 to C$15.00 in a research note on Thursday, January 30th. Cormark raised shares of Advantage Energy to a “moderate buy” rating in a research report on Thursday, March 6th. Finally, BMO Capital Markets lifted their price objective on shares of Advantage Energy from C$12.00 to C$13.00 in a research report on Tuesday, January 14th.

Advantage Energy Stock Up 0.7 %

Shares of AAV stock opened at C$10.71 on Friday. The firm’s fifty day moving average price is C$9.72 and its two-hundred day moving average price is C$9.39. 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 1 year low of C$8.27 and a 1 year high of C$11.73. The firm has a market capitalization of C$1.78 billion, a P/E ratio of 39.00, a PEG ratio of -3.58 and a beta of 1.46.

Insider Buying and Selling

In related news, Senior Officer Geoffrey Keyser purchased 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 29th. The stock was acquired at an average cost of C$9.10 per share, for a total transaction of C$27,300.00. Also, Director John Festival acquired 20,000 shares of the stock in a transaction on Monday, March 10th. The shares were bought at an average price of C$9.18 per share, for a total transaction of C$183,600.00. 1.55% of the stock is currently owned by insiders.

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.