Analysts Set Advantage Energy Ltd. (TSE:AAV) Target Price at C$12.86

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) has earned an average rating of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$12.86.

A number of equities research analysts recently issued reports on AAV shares. National Bankshares downgraded shares of Advantage Energy from an “outperform” rating to a “sector perform” rating and decreased their price target for the company from C$14.50 to C$14.00 in a research note on Wednesday. Royal Bank Of Canada upped their price target on shares of Advantage Energy from C$11.00 to C$12.00 and gave the company a “sector perform” rating in a research note on Monday, June 30th.

Advantage Energy Price Performance

Advantage Energy stock opened at C$11.40 on Wednesday. The company has a market cap of C$1.90 billion, a price-to-earnings ratio of 35.63, a PEG ratio of -3.58 and a beta of 0.18. The firm’s fifty day moving average is C$11.33 and its 200 day moving average is C$11.04. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 41.40. Advantage Energy has a 52-week low of C$7.81 and a 52-week high of C$12.75.

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.