Advantage Energy (TSE:AAV) Price Target Increased to C$13.50 by Analysts at ATB Capital

Advantage Energy (TSE:AAVFree Report) (NYSE:AAV) had its price target lifted by ATB Capital from C$13.00 to C$13.50 in a report published on Wednesday morning, BayStreet.CA reports. ATB Capital currently has an outperform rating on the stock.

A number of other equities analysts have also recently weighed in on AAV. National Bankshares lifted their price target on shares of 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. BMO Capital Markets restated an outperform rating and set a C$13.00 price objective on shares of Advantage Energy in a report on Monday, April 8th. Desjardins raised their price objective on shares of Advantage Energy from C$13.00 to C$13.50 and gave the stock a buy rating in a report on Monday, April 29th. TD Securities restated a buy rating and set a C$14.00 price objective on shares of Advantage Energy in a report on Wednesday. Finally, Royal Bank of Canada raised their price objective on shares of Advantage Energy from C$11.00 to C$12.00 and gave the stock a sector perform rating in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Advantage Energy has a consensus rating of Moderate Buy and a consensus target price of C$13.42.

View Our Latest Research Report on Advantage Energy

Advantage Energy Trading Down 0.9 %

Shares of TSE AAV opened at C$10.29 on Wednesday. The company’s fifty day moving average is C$10.86 and its 200-day moving average is C$9.82. The stock has a market cap of C$1.66 billion, a price-to-earnings ratio of 18.38, a P/E/G ratio of -3.58 and a beta of 1.61. Advantage Energy has a twelve month low of C$7.83 and a twelve month high of C$11.73. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 25.01.

Advantage Energy (TSE:AAVGet Free Report) (NYSE:AAV) last announced its quarterly earnings results on Thursday, April 25th. The company reported C$0.14 earnings per share for the quarter, topping 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 analysts’ expectations of C$132.00 million. Advantage Energy had a net margin of 18.74% and a return on equity of 6.06%. Equities research analysts predict that Advantage Energy will post 0.5729702 EPS for the current year.

Insider Buying and Selling at Advantage Energy

In other Advantage Energy news, Director Donald M. Clague purchased 5,000 shares of the stock in a transaction on Thursday, June 13th. The shares were purchased at an average cost of C$10.58 per share, for a total transaction of C$52,900.00. In other Advantage Energy news, Director Donald M. Clague purchased 5,000 shares of the stock in a transaction on Thursday, June 13th. The shares were purchased at an average cost of C$10.58 per share, for a total transaction of C$52,900.00. Also, Senior Officer Geoffrey Keyser purchased 3,000 shares of the stock in a transaction on Monday, June 17th. The stock was acquired at an average price of C$10.15 per share, for a total transaction of C$30,450.00. In the last three months, insiders have acquired 13,000 shares of company stock worth $134,150. Insiders own 1.53% of the company’s stock.

About Advantage Energy

(Get Free Report)

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.

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Analyst Recommendations for Advantage Energy (TSE:AAV)

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