Advantage Energy (TSE:AAV) Upgraded at Raymond James

Raymond James upgraded shares of Advantage Energy (TSE:AAV) (NYSE:AAV) to a moderate buy rating in a research report report published on Monday,Zacks.com reports.

AAV has been the topic of several other reports. Cormark raised shares of Advantage Energy to a “moderate buy” rating in a research note on Thursday, March 6th. National Bank Financial raised Advantage Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, January 20th. CIBC lifted their price objective on Advantage Energy from C$11.00 to C$11.50 in a research report on Friday, January 17th. National Bankshares raised shares of Advantage Energy from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$11.50 to C$15.00 in a report on Thursday, January 30th. Finally, BMO Capital Markets boosted their target price on shares of Advantage Energy from C$12.00 to C$13.00 in a research note on Tuesday, January 14th. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$13.50.

Advantage Energy Price Performance

Shares of AAV stock opened at C$8.86 on Monday. The firm has a market cap of C$1.47 billion, a price-to-earnings ratio of 32.27, a P/E/G ratio of -3.58 and a beta of 1.46. The stock’s fifty day simple moving average is C$9.70 and its 200 day simple moving average is C$9.41. Advantage Energy has a one year low of C$7.81 and a one year high of C$11.73. The company has a debt-to-equity ratio of 41.40, a current ratio of 0.75 and a quick ratio of 0.72.

Insider Transactions at Advantage Energy

In related news, Director John Festival purchased 20,000 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were bought at an average price of C$9.18 per share, with a total value of C$183,600.00. Also, Senior Officer Geoffrey Keyser acquired 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 29th. The shares were bought at an average cost of C$9.10 per share, with a total value of C$27,300.00. 1.55% of the stock is owned by corporate insiders.

About Advantage Energy

Advantage Energy Ltd supplies clean, affordable, reliable, and sustainable Canadian energy to power the needs of Canada and the world. It is focused on the development and delineation of its Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla, and Progress, Alberta.