Advantage Energy (TSE:AAV) Upgraded to Strong-Buy at National Bank Financial

Advantage Energy (TSE:AAVGet Free Report) (NYSE:AAV) was upgraded by equities researchers at National Bank Financial from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other brokerages also recently weighed in on AAV. TD Securities reiterated a “buy” rating and issued a C$13.00 target price on shares of Advantage Energy in a report on Wednesday, October 9th. BMO Capital Markets lifted their price objective on shares of Advantage Energy from C$12.00 to C$13.00 in a research note on Tuesday, January 14th. CIBC increased their target price on shares of Advantage Energy from C$11.00 to C$11.50 in a research note on Friday, January 17th. National Bankshares raised shares of Advantage Energy from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from C$11.50 to C$15.00 in a research note on Tuesday. Finally, Cormark raised shares of Advantage Energy to a “moderate buy” rating in a research report on Monday, September 23rd. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Advantage Energy presently has a consensus rating of “Moderate Buy” and an average price target of C$13.77.

Get Our Latest Analysis on AAV

Advantage Energy Stock Down 0.2 %

Shares of AAV opened at C$10.12 on Monday. The stock has a market capitalization of C$1.69 billion, a price-to-earnings ratio of 21.53, a PEG ratio of -3.58 and a beta of 1.46. Advantage Energy has a 52 week low of C$8.24 and a 52 week high of C$11.73. The company has a debt-to-equity ratio of 46.86, a quick ratio of 0.72 and a current ratio of 0.76. The stock has a fifty day moving average of C$9.28 and a 200-day moving average of C$9.42.

Advantage Energy (TSE:AAVGet Free Report) (NYSE:AAV) last announced its quarterly earnings results on Thursday, October 24th. The company reported C($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.03 by C($0.07). The business had revenue of C$144.86 million during the quarter, compared to analyst estimates of C$161.10 million. Advantage Energy had a net margin of 16.05% and a return on equity of 5.02%. As a group, sell-side analysts anticipate that Advantage Energy will post 1.4701493 earnings per share for the current fiscal year.

Insider Activity at Advantage Energy

In other Advantage Energy news, Director Stephen Balog acquired 5,000 shares of the business’s stock in a transaction on Thursday, October 31st. The shares were acquired at an average price of C$8.80 per share, with a total value of C$44,000.00. Also, Senior Officer Geoffrey Keyser bought 4,000 shares of the firm’s stock in a transaction dated Monday, October 28th. The shares were acquired at an average cost of C$8.89 per share, with a total value of C$35,540.00. In the last three months, insiders purchased 54,047 shares of company stock valued at $476,272. 1.55% 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.

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Analyst Recommendations for Advantage Energy (TSE:AAV)

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