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

Shares of Advantage Energy Ltd. (TSE:AAV – Get Rating) (NYSE:AAV) have received an average recommendation of “Moderate Buy” from the ten analysts that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is C$13.19.

A number of research analysts have commented on the company. BMO Capital Markets lowered their price target on Advantage Energy from C$12.00 to C$11.00 in a research report on Monday, March 27th. CIBC dropped their target price on shares of Advantage Energy from C$12.00 to C$10.00 and set a “neutral” rating for the company in a research report on Friday, April 14th. National Bankshares lowered their price objective on shares of Advantage Energy from C$15.00 to C$12.00 in a report on Tuesday, April 18th. National Bank Financial reduced their price target on Advantage Energy from C$15.00 to C$12.00 in a research note on Tuesday, April 18th. Finally, Scotiabank reissued an “outperform” rating and set a C$14.50 price objective on shares of Advantage Energy in a research report on Thursday, February 9th.

Advantage Energy Stock Up 3.3 %

Shares of TSE:AAV opened at C$7.57 on Thursday. The stock has a market capitalization of C$1.25 billion, a P/E ratio of 4.11, a price-to-earnings-growth ratio of -3.58 and a beta of 1.86. The stock’s 50-day moving average price is C$7.68 and its 200-day moving average price is C$8.93. The company has a current ratio of 0.81, a quick ratio of 0.72 and a debt-to-equity ratio of 18.92. Advantage Energy has a 12-month low of C$6.79 and a 12-month high of C$12.19.

Advantage Energy (TSE:AAV – Get Rating) (NYSE:AAV) last announced its quarterly earnings data on Thursday, February 23rd. The company reported C$0.63 earnings per share for the quarter, beating the consensus estimate of C$0.34 by C$0.29. Advantage Energy had a return on equity of 22.92% and a net margin of 42.45%. The firm had revenue of C$223.20 million during the quarter, compared to the consensus estimate of C$168.00 million. On average, equities analysts anticipate that Advantage Energy will post 0.9160305 earnings per share for the current year.

About Advantage Energy

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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.