Advantage Energy (TSE:AAV) Rating Increased to Outperform at National Bankshares

National Bankshares upgraded shares of Advantage Energy (TSE:AAV) (NYSE:AAV) from a sector perform rating to an outperform rating in a report published on Tuesday morning,BayStreet.CA reports. National Bankshares currently has C$15.00 price objective on the stock, up from their previous price objective of C$11.50.

Several other research firms also recently commented on AAV. CIBC upped their target price on Advantage Energy from C$11.00 to C$11.50 in a research report on Friday, January 17th. Cormark raised Advantage Energy to a “moderate buy” rating in a report on Monday, September 23rd. National Bank Financial downgraded Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 8th. TD Securities reissued a “buy” rating and issued a C$13.00 target price on shares of Advantage Energy in a research report on Wednesday, October 9th. Finally, BMO Capital Markets raised their price target on shares of Advantage Energy from C$12.00 to C$13.00 in a research report on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$13.77.

Advantage Energy Price Performance

TSE:AAV opened at C$10.03 on Tuesday. The company has a market cap of C$1.67 billion, a P/E ratio of 21.34, a P/E/G ratio of -3.58 and a beta of 1.46. The firm’s fifty day moving average price is C$9.32 and its two-hundred day moving average price is C$9.41. Advantage Energy has a one year low of C$8.27 and a one year high of C$11.73. The company has a debt-to-equity ratio of 46.86, a current ratio of 0.76 and a quick ratio of 0.72.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its quarterly earnings results on Thursday, October 24th. The company reported C($0.04) EPS for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.07). The company 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%. Equities analysts expect that Advantage Energy will post 1.4701493 earnings per share for the current year.

Insider Buying and Selling at Advantage Energy

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

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.