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

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have received a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$14.17.

Several equities analysts recently weighed in on AAV shares. BMO Capital Markets cut Advantage Energy from an “outperform” rating to a “hold” rating and set a C$12.00 price objective for the company. in a research report on Tuesday, April 7th. National Bank Financial raised Advantage Energy from a “hold” rating to an “outperform” rating and lifted their price target for the stock from C$14.00 to C$15.00 in a research report on Friday, February 13th. Finally, ATB Cormark Capital Markets lowered Advantage Energy from a “strong-buy” rating to a “moderate buy” rating and cut their price target for the stock from C$15.00 to C$14.00 in a report on Friday, February 13th.

Advantage Energy Price Performance

TSE AAV opened at C$9.94 on Friday. The company has a current ratio of 0.38, a quick ratio of 0.72 and a debt-to-equity ratio of 48.61. The company has a fifty day simple moving average of C$10.54 and a 200 day simple moving average of C$11.16. The company has a market cap of C$1.67 billion, a P/E ratio of 15.29, a P/E/G ratio of -3.58 and a beta of -0.23. Advantage Energy has a 1 year low of C$9.19 and a 1 year high of C$13.20.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its earnings results on Thursday, March 5th. The company reported C$0.06 EPS for the quarter. Advantage Energy had a net margin of 16.83% and a return on equity of 6.59%. The firm had revenue of C$169.03 million for the quarter. On average, sell-side analysts predict that Advantage Energy will post 1.4701493 EPS for the current 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.