Advantage Energy (TSE:AAV) Upgraded at National Bank Financial

Advantage Energy (TSE:AAV) (NYSE:AAV) was upgraded by stock analysts at National Bank Financial from a “sector perform” rating to an “outperform” rating in a report issued on Friday,BayStreet.CA reports. The brokerage presently has a C$15.00 price objective on the stock, up from their prior price objective of C$14.00. National Bank Financial’s price objective would suggest a potential upside of 39.15% from the company’s previous close.

AAV has been the subject of a number of other research reports. Royal Bank Of Canada lifted their price objective on shares of Advantage Energy from C$12.00 to C$14.00 and gave the company a “sector perform” rating in a report on Thursday, December 11th. ATB Capital boosted their price target on shares of Advantage Energy from C$14.00 to C$15.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 10th. Natl Bk Canada lowered Advantage Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 26th. Atb Cormark Cm decreased their target price on Advantage Energy from C$15.00 to C$14.00 and set an “outperform” rating for the company in a report on Friday. Finally, Desjardins boosted their target price on Advantage Energy from C$14.50 to C$15.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$14.25.

Advantage Energy Trading Down 5.5%

Advantage Energy stock traded down C$0.63 during midday trading on Friday, reaching C$10.78. 1,665,818 shares of the stock traded hands, compared to its average volume of 598,896. The firm has a market cap of C$1.80 billion, a PE ratio of 30.80, a price-to-earnings-growth ratio of -3.58 and a beta of -0.04. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 41.40. The company has a 50-day simple moving average of C$11.40 and a two-hundred day simple moving average of C$11.43. Advantage Energy has a 12-month low of C$7.81 and a 12-month high of C$13.20.

Advantage Energy (TSE:AAV) (NYSE:AAV) last issued its quarterly earnings results on Tuesday, October 28th. The company reported C$0.00 earnings per share (EPS) for the quarter. The company had revenue of C$137.96 million for the quarter. Advantage Energy had a net margin of 8.98% and a return on equity of 2.87%. Research analysts expect that Advantage Energy will post 1.4701493 earnings per share for the current fiscal 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.