Advantage Energy (TSE:AAV) Upgraded by Natl Bk Canada to Strong-Buy Rating

Natl Bk Canada upgraded shares of Advantage Energy (TSE:AAV) (NYSE:AAV) from a hold rating to a strong-buy rating in a report released on Friday morning,Zacks.com reports.

Several other equities research analysts also recently issued reports on AAV. Desjardins increased their price target on Advantage Energy from C$14.50 to C$15.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Royal Bank Of Canada increased their target price on Advantage Energy from C$12.00 to C$14.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 11th. ATB Cormark Capital Markets downgraded shares of Advantage Energy from a “strong-buy” rating to a “moderate buy” rating and dropped their target price for the stock from C$15.00 to C$14.00 in a report on Friday. National Bank Financial upgraded shares of Advantage Energy from a “sector perform” rating to an “outperform” rating and upped their price target for the company from C$14.00 to C$15.00 in a report on Friday. Finally, Raymond James Financial raised shares of Advantage Energy from a “hold” rating to a “moderate buy” rating and increased their price objective for the stock from C$13.00 to C$15.00 in a research report on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Advantage Energy has a consensus rating of “Moderate Buy” and a consensus price target of C$14.14.

Advantage Energy Trading Down 5.5%

AAV opened at C$10.78 on Friday. The firm’s fifty day moving average is C$11.36 and its two-hundred day moving average is C$11.43. The firm has a market cap of C$1.80 billion, a PE ratio of 30.80, a price-to-earnings-growth ratio of -3.58 and a beta of -0.04. Advantage Energy has a twelve month low of C$7.81 and a twelve month high of C$13.20. 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 (TSE:AAV) (NYSE:AAV) last announced its quarterly earnings results on Tuesday, October 28th. The company reported C$0.00 earnings per share (EPS) for the quarter. The company had revenue of C$137.96 million during the quarter. Advantage Energy had a net margin of 8.98% and a return on equity of 2.87%. Equities research analysts anticipate that Advantage Energy will post 1.4701493 EPS for the current 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.