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

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) has been given a consensus rating of “Moderate Buy” by the ten research firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$12.43.

Several research firms recently commented on AAV. Desjardins set a C$13.75 price target on Advantage Energy and gave the stock a “buy” rating in a research note on Monday, October 30th. CIBC increased their target price on Advantage Energy from C$10.00 to C$10.50 in a research note on Friday, July 14th. Raymond James lifted their price target on shares of Advantage Energy from C$11.00 to C$13.00 and gave the stock an “outperform” rating in a research note on Friday, September 8th. Atb Cap Markets reiterated an “outperform” rating on shares of Advantage Energy in a research note on Thursday, October 19th. Finally, BMO Capital Markets boosted their target price on shares of Advantage Energy from C$10.00 to C$11.00 in a research report on Monday, October 16th.

Advantage Energy Stock Performance

Shares of AAV stock opened at C$9.58 on Thursday. The company has a current ratio of 1.21, a quick ratio of 0.72 and a debt-to-equity ratio of 23.51. Advantage Energy has a 52 week low of C$6.79 and a 52 week high of C$12.03. The company has a market cap of C$1.58 billion, a PE ratio of 10.08, a P/E/G ratio of -3.58 and a beta of 1.76. The company’s fifty day simple moving average is C$9.59 and its 200-day simple moving average is C$8.75.

About Advantage Energy

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. The company's assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.