Analysts Set Advantage Energy Ltd. (TSE:AAV) PT at C$13.88

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) has been given an average rating of “Moderate Buy” by the eight research firms that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is C$13.88.

A number of equities analysts have recently issued reports on AAV shares. BMO Capital Markets downgraded Advantage Energy from an “outperform” rating to a “hold” rating and set a C$12.00 price target on the stock. in a research report on Tuesday, April 7th. ATB Cormark Capital Markets downgraded Advantage Energy from a “strong-buy” rating to a “moderate buy” rating and decreased their price objective for the company from C$15.00 to C$14.00 in a report on Friday, February 13th. Finally, National Bank Financial raised shares of Advantage Energy from a “hold” rating to an “outperform” rating and upped their price objective for the stock from C$14.00 to C$15.00 in a research note on Friday, February 13th.

Advantage Energy Stock Performance

Advantage Energy stock opened at C$9.45 on Wednesday. The company has a debt-to-equity ratio of 52.03, a quick ratio of 0.72 and a current ratio of 0.39. The company has a market capitalization of C$1.59 billion, a PE ratio of 30.48, a P/E/G ratio of -3.58 and a beta of -0.25. The company has a 50 day moving average price of C$10.74 and a 200-day moving average price of C$11.31. Advantage Energy has a fifty-two week low of C$9.19 and a fifty-two week high of C$13.20.

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.