National Bank Financial Analysts Give Advantage Energy (TSE:AAV) a C$11.50 Price Target

National Bank Financial set a C$11.50 price objective on Advantage Energy (TSE:AAV) (NYSE:AAV) in a research report sent to investors on Friday morning, Stock Target Advisor reports.

A number of other brokerages have also recently issued reports on AAV. TD Securities reiterated a buy rating and issued a C$14.00 target price on shares of Advantage Energy in a report on Friday, July 26th. Scotiabank lifted their price objective on shares of Advantage Energy from C$19.00 to C$20.00 and gave the company an outperform rating in a report on Wednesday, June 19th. ATB Capital boosted their target price on shares of Advantage Energy from C$13.50 to C$14.00 in a research report on Wednesday, July 10th. CIBC reaffirmed a neutral rating and issued a C$12.00 price target on shares of Advantage Energy in a research report on Thursday, August 29th. Finally, Royal Bank of Canada boosted their price objective on Advantage Energy from C$11.00 to C$12.00 and gave the stock a sector perform rating in a report on Wednesday, June 19th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, Advantage Energy presently has an average rating of Moderate Buy and a consensus price target of C$13.38.

Advantage Energy Trading Up 4.2 %

TSE:AAV opened at C$9.21 on Friday. Advantage Energy has a 52 week low of C$8.02 and a 52 week high of C$11.73. The company has a debt-to-equity ratio of 46.86, a quick ratio of 0.72 and a current ratio of 0.76. The firm’s fifty day moving average is C$9.44 and its 200-day moving average is C$10.13. The firm has a market cap of C$1.54 billion, a P/E ratio of 19.60, a P/E/G ratio of -3.58 and a beta of 1.48.

Advantage Energy (TSE:AAV) (NYSE:AAV) last issued its earnings results on Thursday, July 25th. The company reported C($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.04). The business had revenue of C$100.66 million during the quarter, compared to the consensus estimate of C$108.50 million. Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. Equities analysts expect that Advantage Energy will post 1.4695513 earnings per share for the current year.

Insider Buying and Selling at Advantage Energy

In other Advantage Energy news, Senior Officer Donald Craig Blackwood acquired 5,435 shares of the business’s stock in a transaction dated Friday, August 2nd. The shares were purchased at an average cost of C$9.20 per share, for a total transaction of C$50,002.00. In related news, Senior Officer Donald Craig Blackwood bought 5,435 shares of the company’s stock in a transaction dated Friday, August 2nd. The stock was purchased at an average cost of C$9.20 per share, with a total value of C$50,002.00. Also, Director John Festival acquired 20,000 shares of the stock in a transaction on Monday, July 29th. The stock was bought at an average price of C$9.58 per share, with a total value of C$191,600.00. Over the last quarter, insiders have bought 69,435 shares of company stock worth $658,321. 1.53% of the stock is currently owned by company insiders.

Advantage Energy Company Profile

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.