Advantage Energy (TSE:AAV) Upgraded at Raymond James Financial

Raymond James Financial upgraded shares of Advantage Energy (TSE:AAV) (NYSE:AAV) from a hold rating to a moderate buy rating in a report released on Tuesday, Marketbeat reports. They currently have C$15.00 price objective on the stock, up from their previous price objective of C$13.00.

A number of other research analysts have also issued reports on the stock. Natl Bk Canada lowered shares of Advantage Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 26th. National Bankshares cut Advantage Energy from an “outperform” rating to a “sector perform” rating and cut their price target for the company from C$14.50 to C$14.00 in a research note on Wednesday, October 22nd. Finally, Desjardins lowered their price objective on Advantage Energy from C$15.00 to C$14.50 and set a “buy” rating on the stock in a research note on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Advantage Energy has an average rating of “Moderate Buy” and an average price target of C$14.00.

Advantage Energy Price Performance

Shares of TSE AAV opened at C$12.20 on Tuesday. The company has a debt-to-equity ratio of 41.40, a current ratio of 0.75 and a quick ratio of 0.72. The business has a 50-day moving average of C$11.87 and a 200-day moving average of C$11.52. The stock has a market capitalization of C$2.04 billion, a price-to-earnings ratio of 34.86, a PEG ratio of -3.58 and a beta of 0.11. Advantage Energy has a fifty-two week low of C$7.81 and a fifty-two week high of C$13.20.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its quarterly earnings data on Tuesday, October 28th. The company reported C$0.00 EPS for the quarter. The company had revenue of C$137.96 million during the quarter. Advantage Energy had a return on equity of 2.87% and a net margin of 8.98%. As a group, sell-side analysts predict that Advantage Energy will post 1.4701493 earnings per share for the current fiscal year.

Advantage Energy Company Profile

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.