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

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have received a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is C$13.85.

A number of research firms have commented on AAV. CIBC lifted their target price on Advantage Energy from C$11.00 to C$11.50 in a report on Friday, January 17th. National Bankshares raised Advantage Energy from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from C$11.50 to C$15.00 in a report on Thursday, January 30th. BMO Capital Markets lifted their target price on Advantage Energy from C$12.00 to C$13.00 in a report on Tuesday, January 14th. Finally, National Bank Financial raised Advantage Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, January 20th.

Advantage Energy Stock Down 3.3 %

AAV stock opened at C$9.36 on Wednesday. Advantage Energy has a twelve month low of C$8.27 and a twelve month high of C$11.73. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 41.40. The firm has a market cap of C$1.55 billion, a PE ratio of 34.09, a price-to-earnings-growth ratio of -3.58 and a beta of 1.46. The business has a 50 day moving average of C$9.62 and a 200 day moving average of C$9.32.

Insider Transactions at Advantage Energy

In other news, Senior Officer Geoffrey Keyser purchased 3,000 shares of the company’s stock in a transaction dated Wednesday, January 29th. The shares were purchased at an average cost of C$9.10 per share, for a total transaction of C$27,300.00. Company 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.