Advantage Energy Ltd. (TSE:AAV) Receives C$14.14 Consensus Price Target from Analysts

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) has been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is C$14.14.

AAV has been the topic of several research analyst reports. Natl Bk Canada cut shares of Advantage Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 26th. ATB Capital increased their price objective on Advantage Energy from C$14.00 to C$15.00 and gave the company an “outperform” rating in a research report on Wednesday, December 10th. Royal Bank Of Canada upped their price target on Advantage Energy from C$12.00 to C$14.00 and gave the company a “sector perform” rating in a research note on Thursday, December 11th. Raymond James Financial upgraded Advantage Energy from a “hold” rating to a “moderate buy” rating and lifted their price objective for the stock from C$13.00 to C$15.00 in a research report on Tuesday, December 9th. Finally, National Bankshares downgraded shares of Advantage Energy from an “outperform” rating to a “sector perform” rating and cut their target price for the company from C$14.50 to C$14.00 in a research report on Wednesday, October 22nd.

Advantage Energy Stock Performance

Shares of TSE:AAV opened at C$10.87 on Friday. Advantage Energy has a twelve month low of C$7.81 and a twelve month high of C$13.20. The firm has a market cap of C$1.81 billion, a PE ratio of 31.06, a price-to-earnings-growth ratio of -3.58 and a beta of -0.04. The company has a debt-to-equity ratio of 41.40, a quick ratio of 0.72 and a current ratio of 0.75. The business has a fifty day moving average of C$11.52 and a 200-day moving average of C$11.42.

Advantage Energy (TSE:AAV) (NYSE:AAV) last issued its quarterly earnings results on Tuesday, October 28th. The company reported C$0.00 earnings per share (EPS) for the quarter. The business had revenue of C$137.96 million for the quarter. Advantage Energy had a net margin of 8.98% and a return on equity of 2.87%. On average, equities research analysts predict that Advantage Energy will post 1.4701493 EPS for the current fiscal year.

About Advantage Energy

Advantage Energy Ltd supplies clean, affordable, reliable, and sustainable Canadian energy to power the needs of Canada and the world. It is focused on the development and delineation of its Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla, and Progress, Alberta.