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

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is C$14.14.

A number of analysts have recently issued reports on AAV shares. National Bankshares lowered Advantage Energy from an “outperform” rating to a “sector perform” rating and dropped their target price for the stock from C$14.50 to C$14.00 in a research report on Wednesday, October 22nd. Natl Bk Canada downgraded shares of Advantage Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 26th. Royal Bank Of Canada lifted their price target 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 Capital upped their price objective on Advantage Energy from C$14.00 to C$15.00 and gave the company an “outperform” rating in a research note on Wednesday, December 10th. Finally, Desjardins lifted their target price on Advantage Energy from C$14.50 to C$15.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th.

Advantage Energy Price Performance

AAV stock opened at C$11.12 on Friday. The firm has a market cap of C$1.86 billion, a P/E ratio of 31.77, a price-to-earnings-growth ratio of -3.58 and a beta of -0.20. 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 has a 1 year low of C$7.81 and a 1 year high of C$13.20. The stock has a 50-day simple moving average of C$11.65 and a 200-day simple moving average of C$11.44.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its quarterly earnings results on Tuesday, October 28th. The company reported C$0.00 EPS for the quarter. The firm had revenue of C$137.96 million for the quarter. Advantage Energy had a return on equity of 2.87% and a net margin of 8.98%. On average, equities analysts predict that Advantage Energy will post 1.4701493 earnings per share for the current fiscal year.

Advantage Energy Company Profile

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.