Advantage Energy Ltd. (TSE:AAV) Receives C$12.93 Average Target Price from Analysts

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have received a consensus rating of “Moderate Buy” from the six analysts that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is C$12.93.

AAV has been the subject of several recent research reports. Desjardins dropped their target price on shares of Advantage Energy from C$15.00 to C$14.50 and set a “buy” rating for the company in a report on Thursday, October 30th. National Bankshares lowered shares of Advantage Energy from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from C$14.50 to C$14.00 in a research report on Wednesday, October 22nd.

Advantage Energy Stock Performance

Shares of AAV stock opened at C$12.25 on Friday. The stock has a fifty day moving average price of C$11.58 and a 200 day moving average price of C$11.32. The company has a debt-to-equity ratio of 41.40, a quick ratio of 0.72 and a current ratio of 0.75. The stock has a market cap of C$2.04 billion, a PE ratio of 35.00, a P/E/G ratio of -3.58 and a beta of 0.16. Advantage Energy has a 1 year low of C$7.81 and a 1 year high of C$12.75.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its quarterly earnings results on Tuesday, October 28th. The company reported C$0.00 earnings per share for the quarter. The business had revenue of C$137.96 million during the quarter. Advantage Energy had a return on equity of 2.87% and a net margin of 8.98%. Sell-side analysts forecast that Advantage Energy will post 1.4701493 earnings per share for the current fiscal year.

Advantage Energy Company Profile

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.