Advantage Energy Ltd. (TSE:AAV) Stock Has Average Target Price of C$13.83

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have received a consensus recommendation of “Moderate Buy” from the seven ratings firms that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is C$13.83.

Several analysts have recently weighed in on the stock. Raymond James Financial downgraded shares of Advantage Energy from a “moderate buy” rating to a “hold” rating and lowered their target price for the company from C$14.00 to C$13.00 in a report on Wednesday, September 16th. Scotiabank raised shares of Advantage Energy to a “strong-buy” rating in a report on Friday, June 26th.

Advantage Energy Price Performance

Shares of TSE AAV opened at C$10.50 on Wednesday. The stock has a fifty day moving average price of C$10.66 and a 200 day moving average price of C$10.44. Advantage Energy has a 1-year low of C$9.19 and a 1-year high of C$13.20. The company has a debt-to-equity ratio of 55.11, a current ratio of 0.34 and a quick ratio of 0.72. The company has a market cap of C$1.76 billion, a PE ratio of 21.43, a P/E/G ratio of -3.58 and a beta of -0.47.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced 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%. Sell-side analysts forecast that Advantage Energy will post 1.47 EPS for the current year.

Advantage Energy Company Profile

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.