Advantage Energy (TSE:AAV) Given Buy Rating at TD Securities

TD Securities restated their buy rating on shares of Advantage Energy (TSE:AAV) (NYSE:AAV) in a report issued on Friday, Stock Target Advisor reports. The firm currently has a C$14.00 price target on the stock.

Several other research analysts have also recently issued reports on the company. National Bankshares upped their price objective on Advantage Energy from C$12.00 to C$12.50 and gave the stock an outperform rating in a research report on Friday, April 19th. Royal Bank of Canada upped their price objective on Advantage Energy from C$10.00 to C$11.00 and gave the stock a sector perform rating in a research report on Tuesday, March 5th. Stifel Nicolaus lowered their price objective on Advantage Energy from C$14.50 to C$13.00 and set a buy rating for the company in a research report on Monday, February 5th. Raymond James lowered their price objective on Advantage Energy from C$13.00 to C$11.00 and set an outperform rating for the company in a research report on Friday, January 19th. 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. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus price target of C$12.68.

Advantage Energy Price Performance

Shares of TSE AAV opened at C$10.84 on Friday. The stock’s 50-day moving average is C$10.06 and its two-hundred day moving average is C$9.49. The company has a debt-to-equity ratio of 22.74, a current ratio of 1.25 and a quick ratio of 0.72. Advantage Energy has a 1-year low of C$6.79 and a 1-year high of C$11.14. The company has a market cap of C$1.73 billion, a price-to-earnings ratio of 18.37, a price-to-earnings-growth ratio of -3.58 and a beta of 1.65.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its quarterly earnings data on Thursday, April 25th. The company reported C$0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.11 by C$0.03. The business had revenue of C$139.38 million during the quarter, compared to analysts’ expectations of C$132.00 million. Advantage Energy had a return on equity of 6.43% and a net margin of 19.94%. Analysts forecast that Advantage Energy will post 0.5298117 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director John Larry Festival acquired 40,000 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was bought at an average cost of C$9.95 per share, with a total value of C$398,000.00. 1.27% of the stock is owned by insiders.

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.