Advantage Energy Ltd. (TSE:AAV) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$13.83.

A number of research analysts have recently commented on the company. Scotiabank raised Advantage Energy to a “strong-buy” rating in a report on Friday, June 26th. Raymond James Financial lowered Advantage Energy from a “moderate buy” rating to a “hold” rating and reduced their target price for the stock from C$14.00 to C$13.00 in a report on Wednesday.

Advantage Energy Trading Down 0.8%

Shares of TSE:AAV opened at C$10.16 on Friday. The company has a current ratio of 0.34, a quick ratio of 0.72 and a debt-to-equity ratio of 55.11. The stock has a market capitalization of C$1.70 billion, a PE ratio of 20.73, a P/E/G ratio of -3.58 and a beta of -0.52. Advantage Energy has a 1 year low of C$9.19 and a 1 year high of C$13.20. The firm has a fifty day moving average price of C$10.86 and a 200 day moving average price of C$10.53.

Advantage Energy (TSE:AAV) (NYSE:AAV) last posted its earnings results on Thursday, July 30th. The company reported C$0.27 earnings per share for the quarter. Advantage Energy had a return on equity of 4.91% and a net margin of 12.02%.The company had revenue of C$178.76 million for the quarter. Analysts expect that Advantage Energy will post 1.4701493 EPS for the current fiscal 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.