Advantage Energy (TSE:AAV) Stock Rating Reaffirmed by TD Securities

TD Securities reaffirmed their buy rating on shares of Advantage Energy (TSE:AAVFree Report) (NYSE:AAV) in a research report released on Wednesday morning, Stock Target Advisor reports. TD Securities currently has a C$14.00 price objective on the stock.

Several other analysts have also recently weighed in on the company. Desjardins lifted their price objective on Advantage Energy from C$13.00 to C$13.50 and gave the company a buy rating in a research report on Monday, April 29th. BMO Capital Markets reaffirmed an outperform rating and issued a C$13.00 price target on shares of Advantage Energy in a research note on Monday, April 8th. National Bankshares increased their price objective on Advantage Energy from C$12.00 to C$12.50 and gave the stock an outperform rating in a report on Friday, April 19th. CIBC boosted their target price on shares of Advantage Energy from C$10.50 to C$11.00 and gave the company a neutral rating in a report on Monday, April 22nd. Finally, Scotiabank increased their price target on shares of Advantage Energy from C$16.00 to C$17.00 and gave the stock a sector perform rating in a research note on Tuesday, March 5th. Two equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus price target of C$13.42.

View Our Latest Analysis on Advantage Energy

Advantage Energy Price Performance

Shares of Advantage Energy stock opened at C$10.29 on Wednesday. The business has a 50 day moving average of C$10.86 and a 200 day moving average of C$9.82. 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 PE ratio of 18.38, a P/E/G ratio of -3.58 and a beta of 1.61. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 25.01.

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

Insiders Place Their Bets

In related news, Senior Officer Geoffrey Keyser acquired 3,000 shares of the stock in a transaction that occurred on Monday, June 17th. The shares were bought at an average price of C$10.15 per share, for a total transaction of C$30,450.00. In other Advantage Energy news, Director Stephen Balog acquired 5,000 shares of the stock in a transaction dated Tuesday, June 18th. The shares were purchased at an average price 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 shares were acquired at an average price of C$10.15 per share, with a total value of C$30,450.00. In the last 90 days, insiders acquired 13,000 shares of company stock valued at $134,150. 1.53% of the stock is owned by insiders.

Advantage Energy Company Profile

(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.

See Also

Analyst Recommendations for Advantage Energy (TSE:AAV)

Receive News & Ratings for Advantage Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advantage Energy and related companies with MarketBeat.com's FREE daily email newsletter.