Advantage Energy (TSE:AAV) Upgraded at National Bank Financial

National Bank Financial upgraded shares of Advantage Energy (TSE:AAV) (NYSE:AAV) from a hold rating to a strong-buy rating in a report released on Monday,Zacks.com reports.

AAV has been the subject of a number of other reports. Cormark raised Advantage Energy to a “moderate buy” rating in a research note on Monday, September 23rd. BMO Capital Markets boosted their target price on Advantage Energy from C$12.00 to C$13.00 in a research note on Tuesday, January 14th. TD Securities reissued a “buy” rating and issued a C$13.00 target price on shares of Advantage Energy in a research note on Wednesday, October 9th. CIBC boosted their price target on Advantage Energy from C$11.00 to C$11.50 in a report on Friday, January 17th. Finally, National Bankshares upgraded Advantage Energy from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$11.50 to C$15.00 in a report on Tuesday. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Advantage Energy presently has an average rating of “Moderate Buy” and a consensus price target of C$13.77.

Advantage Energy Stock Up 0.3 %

Shares of Advantage Energy stock opened at C$10.15 on Monday. Advantage Energy has a 12 month low of C$8.27 and a 12 month high of C$11.73. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 46.86. The stock has a market cap of C$1.69 billion, a PE ratio of 21.60, a price-to-earnings-growth ratio of -3.58 and a beta of 1.46. The business has a fifty day simple moving average of C$9.30 and a 200 day simple moving average of C$9.42.

Advantage Energy (TSE:AAV) (NYSE:AAV) last posted its earnings results on Thursday, October 24th. The company reported C($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.07). Advantage Energy had a net margin of 16.05% and a return on equity of 5.02%. The business had revenue of C$144.86 million during the quarter, compared to analyst estimates of C$161.10 million. Research analysts predict that Advantage Energy will post 1.4701493 EPS for the current year.

Insider Activity at Advantage Energy

In other news, Director Stephen Balog bought 5,000 shares of the stock in a transaction dated Thursday, October 31st. The shares were bought at an average price of C$8.80 per share, for a total transaction of C$44,000.00. Also, Senior Officer Geoffrey Keyser bought 4,000 shares of the stock in a transaction dated Monday, October 28th. The shares were purchased at an average price of C$8.89 per share, for a total transaction of C$35,540.00. Over the last ninety days, insiders purchased 54,047 shares of company stock valued at $476,272. Insiders own 1.55% 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.