Advantage Energy Ltd. (TSE:AAV) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have received a consensus recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$13.42.

A number of brokerages have issued reports on AAV. Desjardins boosted their target price on Advantage Energy from C$13.00 to C$13.50 and gave the company a “buy” rating in a research report on Monday, April 29th. National Bankshares boosted their target price on Advantage Energy from C$12.50 to C$13.00 and gave the company an “outperform” rating in a research report on Wednesday. Royal Bank of Canada boosted their target price on Advantage Energy from C$11.00 to C$12.00 and gave the company a “sector perform” rating in a research report on Wednesday. TD Securities reaffirmed a “buy” rating and set a C$14.00 price objective on shares of Advantage Energy in a research report on Wednesday. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a C$13.00 price objective on shares of Advantage Energy in a research report on Monday, April 8th.

Advantage Energy Trading Up 0.6 %

Shares of Advantage Energy stock opened at C$10.38 on Friday. The stock has a market cap of C$1.67 billion, a P/E ratio of 18.54, a P/E/G ratio of -3.58 and a beta of 1.61. The stock’s 50 day simple moving average is C$10.86 and its 200-day simple moving average is C$9.80. Advantage Energy has a 1-year low of C$7.74 and a 1-year high of C$11.73. The company has a debt-to-equity ratio of 25.01, a current ratio of 0.72 and a quick ratio of 0.72.

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

Insider Buying and Selling

In related news, Senior Officer Geoffrey Keyser acquired 3,000 shares of the firm’s stock in a transaction on Monday, June 17th. The stock was bought at an average price of C$10.15 per share, for a total transaction of C$30,450.00. In related news, Senior Officer Geoffrey Keyser acquired 3,000 shares of the firm’s stock in a transaction on Monday, June 17th. The stock was bought at an average price of C$10.15 per share, for a total transaction of C$30,450.00. Also, Director Stephen Balog acquired 5,000 shares of the firm’s stock in a transaction on Tuesday, June 18th. The stock was bought at an average price of C$10.16 per share, with a total value of C$50,800.00. Over the last quarter, insiders bought 13,000 shares of company stock worth $134,150. Corporate insiders own 1.53% of the company’s stock.

About Advantage Energy

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.