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

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have received a consensus rating of “Moderate Buy” from the eleven brokerages that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is C$13.21.

AAV has been the topic of several analyst reports. BMO Capital Markets reduced their price objective on Advantage Energy from C$13.00 to C$12.00 in a research note on Friday, October 4th. TD Securities reaffirmed a “buy” rating and set a C$13.00 target price on shares of Advantage Energy in a research note on Wednesday, October 9th. CIBC reiterated a “neutral” rating and issued a C$12.00 target price on shares of Advantage Energy in a research note on Thursday, August 29th. Cormark raised shares of Advantage Energy to a “moderate buy” rating in a research report on Monday, September 23rd. Finally, National Bankshares reduced their price objective on Advantage Energy from C$13.00 to C$11.50 in a report on Friday, September 27th.

Insider Activity at Advantage Energy

In other news, Senior Officer Geoffrey Keyser bought 4,000 shares of the firm’s stock in a transaction on Monday, October 28th. The shares were bought at an average cost of C$8.89 per share, for a total transaction of C$35,540.00. Also, Director John Festival bought 20,000 shares of Advantage Energy stock in a transaction on Monday, October 28th. The stock was acquired at an average price of C$8.80 per share, for a total transaction of C$176,000.00. In the last ninety days, insiders bought 74,047 shares of company stock valued at $655,072. 1.55% of the stock is owned by insiders.

Advantage Energy Trading Down 1.1 %

AAV stock opened at C$8.45 on Friday. Advantage Energy has a 1-year low of C$8.24 and a 1-year high of C$11.73. The business has a 50 day simple moving average of C$8.97 and a two-hundred day simple moving average of C$9.62. The company has a debt-to-equity ratio of 46.86, a current ratio of 0.76 and a quick ratio of 0.72. The company has a market capitalization of C$1.41 billion, a price-to-earnings ratio of 17.98, a PEG ratio of -3.58 and a beta of 1.46.

Advantage Energy (TSE:AAV) (NYSE:AAV) last posted its earnings results on Thursday, October 24th. The company reported C($0.04) EPS for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.07). The firm had revenue of C$144.86 million during the quarter, compared to analysts’ expectations of C$161.10 million. Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. Research analysts anticipate that Advantage Energy will post 1.4701493 EPS for the current fiscal year.

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.