Ventum Financial Analysts Give Advantage Energy (TSE:AAV) a C$13.50 Price Target

Ventum Financial set a C$13.50 price objective on Advantage Energy (TSE:AAV) (NYSE:AAV) in a research report sent to investors on Friday,BayStreet reports. The brokerage currently has a buy rating on the stock.

A number of other research analysts also recently weighed in on AAV. Raymond James Financial downgraded shares of Advantage Energy from a “moderate buy” rating to a “hold” rating and decreased their target price for the company from C$14.00 to C$13.00 in a research report on Wednesday, September 16th. Scotiabank raised shares of Advantage Energy to a “strong-buy” rating in a research report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$13.79.

Advantage Energy Stock Performance

TSE:AAV opened at C$10.69 on Friday. Advantage Energy has a twelve month low of C$9.19 and a twelve month high of C$13.20. The company has a quick ratio of 0.72, a current ratio of 0.34 and a debt-to-equity ratio of 55.11. The business has a 50 day moving average price of C$10.60 and a two-hundred day moving average price of C$10.39. The company has a market cap of C$1.79 billion, a P/E ratio of 21.82, a price-to-earnings-growth ratio of -3.58 and a beta of -0.47.

Advantage Energy (TSE:AAV) (NYSE:AAV) last posted its quarterly earnings data on Thursday, July 30th. The company reported C$0.27 earnings per share (EPS) for the quarter. The company had revenue of C$178.76 million for the quarter. Advantage Energy had a net margin of 12.02% and a return on equity of 4.91%. As a group, analysts expect that Advantage Energy will post 1.47 EPS for the current fiscal year.

About Advantage Energy

Advantage Energy Ltd supplies clean, affordable, reliable, and sustainable Canadian energy to power the needs of Canada and the world. It is focused on the development and delineation of its Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla, and Progress, Alberta.