Advantage Energy Ltd. (TSE:AAV) Stock Has Consensus Price Target of C$13.79

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have earned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$13.79.

A number of research analysts recently weighed in on the stock. Ventum Financial set a C$13.50 target price on shares of Advantage Energy and gave the company a “buy” rating in a research report on Friday, October 23rd. Raymond James Financial cut shares of Advantage Energy from a “moderate buy” rating to a “hold” rating and cut their price target for the stock from C$14.00 to C$13.00 in a research report on Wednesday, September 16th.

Advantage Energy Trading Up 2.1%

TSE AAV opened at C$11.54 on Friday. The stock has a market capitalization of C$1.87 billion, a price-to-earnings ratio of 13.90, a PEG ratio of -3.58 and a beta of -0.47. The stock’s 50 day moving average price is C$10.61 and its two-hundred day moving average price is C$10.57. The company has a debt-to-equity ratio of 40.01, a quick ratio of 0.72 and a current ratio of 0.35. Advantage Energy has a 52 week low of C$9.19 and a 52 week high of C$13.20.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its quarterly earnings results on Thursday, October 29th. The company reported C$0.33 earnings per share for the quarter. The firm had revenue of C$166.32 million during the quarter. Advantage Energy had a return on equity of 8.07% and a net margin of 18.26%. As a group, analysts anticipate that Advantage Energy will post 1.47 earnings per share 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.