Advantage Energy (OTCMKTS:AAVVF) Given New C$12.75 Price Target at Stifel Nicolaus

Advantage Energy (OTCMKTS:AAVVFGet Rating) had its target price raised by research analysts at Stifel Nicolaus from C$11.25 to C$12.75 in a research note issued on Monday, The Fly reports.

A number of other brokerages have also weighed in on AAVVF. National Bank Financial increased their target price on shares of Advantage Energy from C$11.00 to C$12.50 in a research report on Thursday, April 14th. Scotiabank boosted their target price on shares of Advantage Energy from C$13.00 to C$13.50 in a report on Monday, April 18th. CIBC raised their price target on Advantage Energy from C$10.00 to C$11.00 in a report on Thursday, April 14th. TD Securities lifted their price target on Advantage Energy from C$12.00 to C$13.00 in a research report on Monday. Finally, Royal Bank of Canada increased their price objective on Advantage Energy from C$8.50 to C$10.00 in a report on Friday, April 8th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, Advantage Energy presently has an average rating of “Buy” and an average target price of $12.42.

Shares of Advantage Energy stock traded down $0.16 during mid-day trading on Monday, hitting $8.32. 43,200 shares of the stock were exchanged, compared to its average volume of 52,057. The company has a market capitalization of $1.59 billion, a P/E ratio of 4.84 and a beta of 1.87. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.88 and a current ratio of 0.88. The company has a 50-day simple moving average of $6.84 and a 200 day simple moving average of $6.00. Advantage Energy has a 12 month low of $2.57 and a 12 month high of $9.05.

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

About Advantage Energy (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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