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

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) has earned an average rating of “Moderate Buy” from the seven analysts that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is C$14.14.

A number of research analysts recently issued reports on the company. National Bank Financial upgraded Advantage Energy from a “hold” rating to an “outperform” rating and lifted their target price for the company from C$14.00 to C$15.00 in a report on Friday, February 13th. Raymond James Financial upgraded shares of Advantage Energy from a “hold” rating to a “moderate buy” rating and upped their target price for the stock from C$13.00 to C$15.00 in a research note on Tuesday, December 9th. Desjardins lifted their price target on shares of Advantage Energy from C$14.50 to C$15.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Royal Bank Of Canada raised their price objective on shares of Advantage Energy from C$12.00 to C$14.00 and gave the company a “sector perform” rating in a report on Thursday, December 11th. Finally, ATB Cormark Capital Markets downgraded shares of Advantage Energy from a “strong-buy” rating to a “moderate buy” rating and lowered their target price for the stock from C$15.00 to C$14.00 in a research note on Friday, February 13th.

Advantage Energy Stock Up 3.1%

Shares of AAV opened at C$10.44 on Tuesday. The company’s 50-day simple moving average is C$11.06 and its 200-day simple moving average is C$11.39. 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 1 year low of C$7.81 and a 1 year high of C$13.20. The stock has a market capitalization of C$1.74 billion, a PE ratio of 29.83, a P/E/G ratio of -3.58 and a beta of -0.04.

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.