Advantage Energy Ltd. (TSE:AAV) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have earned a consensus rating of “Moderate Buy” from the nine ratings firms that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is C$13.85.

A number of analysts have weighed in on AAV shares. National Bank Financial upgraded Advantage Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, January 20th. CIBC upped their price objective on Advantage Energy from C$11.00 to C$11.50 in a research note on Friday, January 17th. National Bankshares upgraded Advantage Energy from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from C$11.50 to C$15.00 in a research note on Thursday, January 30th. Finally, BMO Capital Markets boosted their target price on shares of Advantage Energy from C$12.00 to C$13.00 in a report on Tuesday, January 14th.

Advantage Energy Price Performance

Shares of AAV opened at C$9.63 on Wednesday. The stock has a market capitalization of C$1.60 billion, a PE ratio of 35.07, a PEG ratio of -3.58 and a beta of 1.46. The company has a 50 day moving average price of C$9.71 and a 200-day moving average price of C$9.33. The company has a debt-to-equity ratio of 41.40, a quick ratio of 0.72 and a current ratio of 0.75. Advantage Energy has a fifty-two week low of C$8.27 and a fifty-two week high of C$11.73.

Insiders Place Their Bets

In related news, Senior Officer Geoffrey Keyser purchased 3,000 shares of the firm’s stock in a transaction on Wednesday, January 29th. The stock was acquired at an average price of C$9.10 per share, with a total value of C$27,300.00. 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.