Advantage Energy (TSE:AAV) Stock Rating Upgraded by Cormark

Cormark upgraded shares of Advantage Energy (TSE:AAV) (NYSE:AAV) to a moderate buy rating in a research note issued to investors on Thursday morning,Zacks.com reports.

Several other research firms have also recently issued reports on AAV. National Bankshares raised shares of Advantage Energy from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from C$11.50 to C$15.00 in a research report on Thursday, January 30th. National Bank Financial upgraded shares of Advantage Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 20th. CIBC boosted their target price on shares of Advantage Energy from C$11.00 to C$11.50 in a research report on Friday, January 17th. Finally, BMO Capital Markets upped their price target on shares of Advantage Energy from C$12.00 to C$13.00 in a report on Tuesday, January 14th. Two analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$13.85.

Advantage Energy Price Performance

AAV opened at C$8.97 on Thursday. The company’s 50 day simple moving average is C$9.72 and its 200 day simple moving average is C$9.33. 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$8.27 and a 1 year high of C$11.73. The stock has a market capitalization of C$1.49 billion, a PE ratio of 32.67, a P/E/G ratio of -3.58 and a beta of 1.46.

Insider Activity at Advantage Energy

In other Advantage Energy news, Senior Officer Geoffrey Keyser bought 3,000 shares of the stock in a transaction on Wednesday, January 29th. The stock was purchased at an average price of C$9.10 per share, for a total transaction of C$27,300.00. 1.55% of the stock is currently owned by corporate 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.