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

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) has received a consensus rating of “Moderate Buy” from the nine research firms that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$14.00.

Several analysts recently weighed in on AAV shares. Desjardins increased their target price on Advantage Energy from C$14.50 to C$15.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Raymond James Financial upgraded Advantage Energy from a “hold” rating to a “moderate buy” rating and upped their price target for the stock from C$13.00 to C$15.00 in a report on Tuesday, December 9th. Royal Bank Of Canada raised their price objective on shares of Advantage Energy from C$12.00 to C$14.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 11th. National Bankshares lowered shares of Advantage Energy from an “outperform” rating to a “sector perform” rating and dropped their target price for the stock from C$14.50 to C$14.00 in a research report on Wednesday, October 22nd. Finally, Natl Bk Canada cut shares of Advantage Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 26th.

Advantage Energy Price Performance

Shares of Advantage Energy stock opened at C$11.09 on Monday. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 41.40. The firm has a fifty day simple moving average of C$11.91 and a 200-day simple moving average of C$11.49. The stock has a market capitalization of C$1.85 billion, a price-to-earnings ratio of 31.69, a PEG ratio of -3.58 and a beta of -0.20. Advantage Energy has a 1-year low of C$7.81 and a 1-year high of C$13.20.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced 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 for the quarter. Advantage Energy had a net margin of 8.98% and a return on equity of 2.87%. On average, sell-side analysts expect that Advantage Energy will post 1.4701493 earnings per share for the current 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.