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

Advantage Energy Ltd. (TSE:AAVGet Rating) (NYSE:AAV) has been assigned a consensus rating of “Moderate Buy” from the thirteen ratings firms that are presently covering the firm, reports. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$13.04.

A number of research analysts have issued reports on the company. CIBC boosted their price target on Advantage Energy from C$13.00 to C$13.50 in a research report on Friday, October 7th. Scotiabank boosted their price target on Advantage Energy from C$15.00 to C$16.50 in a research report on Monday, September 19th. Cormark boosted their price target on Advantage Energy from C$16.00 to C$17.00 in a research report on Tuesday, August 2nd. Stifel Nicolaus boosted their price target on Advantage Energy from C$13.75 to C$15.25 in a research report on Thursday, August 4th. Finally, BMO Capital Markets boosted their price target on Advantage Energy from C$14.00 to C$15.00 in a research report on Friday, July 29th.

Insider Activity

In other news, Senior Officer Neil Bokenfohr sold 50,000 shares of the company’s stock in a transaction on Tuesday, September 20th. The stock was sold at an average price of C$10.50, for a total transaction of C$525,000.00. Following the completion of the sale, the insider now directly owns 1,213,564 shares of the company’s stock, valued at C$12,742,422.

Advantage Energy Trading Up 1.1 %

Shares of AAV stock opened at C$11.47 on Friday. The company has a debt-to-equity ratio of 14.56, a quick ratio of 0.72 and a current ratio of 0.81. Advantage Energy has a 1 year low of C$5.98 and a 1 year high of C$12.19. The stock has a fifty day moving average of C$10.62 and a two-hundred day moving average of C$10.39. The firm has a market capitalization of C$2.08 billion and a PE ratio of 4.02.

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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