Advantage Energy (TSE:AAV) Given a C$15.00 Price Target at Cormark

Cormark set a C$15.00 price target on Advantage Energy (TSE:AAV) (NYSE:AAV) in a research report released on Wednesday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other analysts have also issued reports on AAV. Royal Bank of Canada lifted their target price on Advantage Energy from C$11.00 to C$12.00 and gave the stock a sector perform rating in a research report on Wednesday. Scotiabank lifted their price objective on Advantage Energy from C$19.00 to C$20.00 and gave the stock an outperform rating in a report on Wednesday. CIBC increased their target price on Advantage Energy from C$11.00 to C$12.00 and gave the company a neutral rating in a research note on Wednesday. Desjardins raised their price target on shares of Advantage Energy from C$13.00 to C$13.50 and gave the stock a buy rating in a research report on Monday, April 29th. Finally, National Bankshares upped their price target on shares of Advantage Energy from C$12.50 to C$13.00 and gave the company an outperform rating in a report on Wednesday. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus price target of C$13.42.

Advantage Energy Stock Down 0.9 %

TSE AAV opened at C$10.32 on Wednesday. The stock has a market cap of C$1.66 billion, a PE ratio of 18.43, a P/E/G ratio of -3.58 and a beta of 1.61. The business has a 50 day moving average price of C$10.86 and a two-hundred day moving average price of C$9.80. Advantage Energy has a fifty-two week low of C$7.74 and a fifty-two week high of C$11.73. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 25.01.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its earnings results on Thursday, April 25th. The company reported C$0.14 earnings per share for the quarter, beating the consensus estimate of C$0.11 by C$0.03. Advantage Energy had a net margin of 18.74% and a return on equity of 6.06%. The business had revenue of C$139.38 million during the quarter, compared to the consensus estimate of C$132.00 million. As a group, sell-side analysts predict that Advantage Energy will post 0.5729702 EPS for the current fiscal year.

Insider Buying and Selling at Advantage Energy

In other Advantage Energy news, Senior Officer Geoffrey Keyser purchased 3,000 shares of Advantage Energy stock in a transaction dated Monday, June 17th. The shares were bought at an average cost of C$10.15 per share, for a total transaction of C$30,450.00. In other Advantage Energy news, Senior Officer Geoffrey Keyser acquired 3,000 shares of the stock in a transaction that occurred on Monday, June 17th. The stock was acquired at an average price of C$10.15 per share, with a total value of C$30,450.00. Also, Director Stephen Balog bought 5,000 shares of the business’s stock in a transaction on Tuesday, June 18th. The stock was acquired at an average cost of C$10.16 per share, for a total transaction of C$50,800.00. Insiders acquired a total of 13,000 shares of company stock worth $134,150 over the last 90 days. Insiders own 1.53% of the company’s stock.

Advantage Energy Company Profile

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.