Analysts Set Advantage Energy Ltd. (OTCMKTS:AAVVF) Price Target at $10.69

Advantage Energy Ltd. (OTCMKTS:AAVVFGet Rating) has been assigned an average recommendation of “Buy” from the nine ratings firms that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $10.69.

A number of equities analysts have issued reports on AAVVF shares. Royal Bank of Canada upped their target price on Advantage Energy from C$8.50 to C$10.00 in a research report on Friday, April 8th. Scotiabank upped their price target on shares of Advantage Energy from C$12.50 to C$13.00 in a report on Tuesday, March 29th. Raymond James raised their price objective on shares of Advantage Energy from C$12.00 to C$13.00 in a report on Tuesday, March 29th. Stifel Nicolaus upped their target price on shares of Advantage Energy from C$9.50 to C$11.25 in a research note on Wednesday, March 30th. Finally, National Bank Financial lifted their price target on Advantage Energy from C$10.00 to C$11.00 in a research note on Friday, February 4th.

Shares of OTCMKTS AAVVF traded up $0.23 during trading on Friday, reaching $7.98. 366,166 shares of the stock were exchanged, compared to its average volume of 43,690. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 4.86 and a beta of 1.87. The business’s 50-day moving average price is $5.98 and its 200 day moving average price is $5.70. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.11. Advantage Energy has a twelve month low of $2.34 and a twelve month high of $8.11.

Advantage Energy (OTCMKTS:AAVVFGet Rating) last released its quarterly earnings results on Thursday, February 24th. The company reported $0.23 earnings per share (EPS) for the quarter. The firm had revenue of $126.34 million for the quarter. Advantage Energy had a net margin of 94.29% and a return on equity of 9.19%.

Advantage Energy Company Profile (Get Rating)

Advantage Energy Ltd., together with its subsidiaries, acquires, exploits, develops, and produces crude oil, natural gas, and natural gas liquids in the Province of Alberta, Canada. The company focuses on the development and production of oil and natural gas resource that includes 228 net sections covering an area of 145,920 net acres of Doig/Montney rights in Glacier, Valhalla, Progress, and Pipestone/Wembley.

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Analyst Recommendations for Advantage Energy (OTCMKTS:AAVVF)

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