Advantage Energy (TSE:AAV) Price Target Raised to C$13.00

Advantage Energy (TSE:AAVFree Report) (NYSE:AAV) had its price objective boosted by National Bankshares from C$12.50 to C$13.00 in a research note issued to investors on Wednesday, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

A number of other equities research analysts have also recently commented on AAV. Desjardins lifted their price objective on Advantage Energy from C$13.00 to C$13.50 and gave the stock a buy rating in a research note on Monday, April 29th. Royal Bank of Canada boosted their price target on Advantage Energy from C$11.00 to C$12.00 and gave the company a sector perform rating in a report on Wednesday. ATB Capital upped their target price on Advantage Energy from C$13.00 to C$13.50 and gave the stock an outperform rating in a report on Wednesday. TD Securities restated a buy rating and issued a C$14.00 price objective on shares of Advantage Energy in a research note on Wednesday. Finally, Scotiabank upped their target price on Advantage Energy from C$19.00 to C$20.00 and gave the company an outperform rating in a research report on Wednesday. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to, the company has a consensus rating of Moderate Buy and an average price target of C$13.42.

Check Out Our Latest Stock Analysis on AAV

Advantage Energy Trading Down 0.9 %

Shares of AAV opened at C$10.29 on Wednesday. The stock has a fifty day moving average price of C$10.86 and a two-hundred day moving average price of C$9.82. The company has a debt-to-equity ratio of 25.01, a quick ratio of 0.72 and a current ratio of 0.72. Advantage Energy has a 52-week low of C$7.83 and a 52-week high of C$11.73. The company has a market cap of C$1.66 billion, a price-to-earnings ratio of 18.38, a PEG ratio of -3.58 and a beta of 1.61.

Advantage Energy (TSE:AAVGet Free Report) (NYSE:AAV) last released its earnings results on Thursday, April 25th. The company reported C$0.14 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.11 by C$0.03. The company had revenue of C$139.38 million during the quarter, compared to the consensus estimate of C$132.00 million. Advantage Energy had a return on equity of 6.06% and a net margin of 18.74%. Analysts predict that Advantage Energy will post 0.5729702 EPS for the current fiscal year.

Insider Buying and Selling

In other Advantage Energy news, Director Stephen Balog bought 5,000 shares of the stock in a transaction on Tuesday, June 18th. The shares were acquired at an average price of C$10.16 per share, with a total value of C$50,800.00. In other news, Director Stephen Balog purchased 5,000 shares of Advantage Energy stock in a transaction dated Tuesday, June 18th. The stock was purchased at an average cost of C$10.16 per share, for a total transaction of C$50,800.00. Also, Senior Officer Geoffrey Keyser bought 3,000 shares of the business’s stock in a transaction that occurred on Monday, June 17th. The stock was bought at an average price of C$10.15 per share, with a total value of C$30,450.00. In the last quarter, insiders have purchased 13,000 shares of company stock valued at $134,150. 1.53% of the stock is owned by company insiders.

About Advantage Energy

(Get Free Report)

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.

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Analyst Recommendations for Advantage Energy (TSE:AAV)

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