Advantage Energy Ltd. (TSE:AAV) Receives C$14.14 Average PT from Analysts

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have earned an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$14.14.

Several brokerages recently weighed in on AAV. Desjardins increased their price target on Advantage Energy from C$14.50 to C$15.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. ATB Cormark Capital Markets cut shares of Advantage Energy from a “strong-buy” rating to a “moderate buy” rating and reduced their target price for the stock from C$15.00 to C$14.00 in a research note on Friday, February 13th. National Bank Financial raised shares of Advantage Energy from a “hold” rating to an “outperform” rating and lifted their target price for the company from C$14.00 to C$15.00 in a report on Friday, February 13th. Royal Bank Of Canada boosted their price target on shares of Advantage Energy from C$12.00 to C$14.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 11th. Finally, Raymond James Financial raised shares of Advantage Energy from a “hold” rating to a “moderate buy” rating and increased their price target for the stock from C$13.00 to C$15.00 in a report on Tuesday, December 9th.

Advantage Energy Stock Down 2.3%

Advantage Energy stock opened at C$11.54 on Friday. The stock has a 50 day moving average of C$10.90 and a two-hundred day moving average of C$11.42. Advantage Energy has a twelve month low of C$7.81 and a twelve month high of C$13.20. The stock has a market capitalization of C$1.93 billion, a price-to-earnings ratio of 37.23, a PEG ratio of -3.58 and a beta of -0.14. The company has a current ratio of 0.39, a quick ratio of 0.72 and a debt-to-equity ratio of 52.03.

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.