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

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

A number of analysts have commented on the stock. National Bankshares raised shares of Advantage Energy from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from C$11.50 to C$15.00 in a report on Thursday, January 30th. BMO Capital Markets lifted their target price on shares of Advantage Energy from C$12.00 to C$13.00 in a report on Tuesday, January 14th. TD Securities reissued a “buy” rating and issued a C$13.00 price target on shares of Advantage Energy in a report on Wednesday, October 9th. CIBC boosted their price target on shares of Advantage Energy from C$11.00 to C$11.50 in a report on Friday, January 17th. Finally, National Bank Financial raised shares of Advantage Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, January 20th.

Advantage Energy Stock Performance

Shares of Advantage Energy stock opened at C$9.21 on Friday. The company has a debt-to-equity ratio of 46.86, a current ratio of 0.76 and a quick ratio of 0.72. The firm has a market cap of C$1.54 billion, a P/E ratio of 19.60, a P/E/G ratio of -3.58 and a beta of 1.46. The firm has a 50 day simple moving average of C$9.39 and a 200 day simple moving average of C$9.35. Advantage Energy has a fifty-two week low of C$8.27 and a fifty-two week high of C$11.73.

Insider Buying and Selling at Advantage Energy

In other news, Senior Officer Darren Tisdale bought 3,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The shares were acquired at an average price of C$8.85 per share, for a total transaction of C$26,550.00. Insiders have purchased 8,047 shares of company stock worth $71,872 over the last quarter. Corporate insiders own 1.55% of the company’s stock.

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.