Advantage Energy (TSE:AAV) PT Set at C$13.50 by Ventum Financial

Advantage Energy (TSE:AAV) (NYSE:AAV) received a C$13.50 price target from research analysts at Ventum Financial in a report issued on Friday, BayStreet reports. The firm currently has a “buy” rating on the stock. Ventum Financial‘s target price would suggest a potential upside of 25.93% from the company’s previous close.

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

Advantage Energy Stock Performance

Shares of TSE:AAV traded down C$0.05 during trading on Friday, hitting C$10.72. 558,044 shares of the company were exchanged, compared to its average volume of 896,419. The company has a market cap of C$1.79 billion, a PE ratio of 21.88, a P/E/G ratio of -3.58 and a beta of -0.47. The stock has a 50 day moving average of C$10.61 and a 200 day moving average of C$10.39. Advantage Energy has a 52-week low of C$9.19 and a 52-week 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.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its earnings results on Thursday, July 30th. The company reported C$0.27 earnings per share (EPS) for the quarter. Advantage Energy had a net margin of 12.02% and a return on equity of 4.91%. The business had revenue of C$178.76 million during the quarter. As a group, equities research analysts predict 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.