Advantage Energy (TSE:AAV) Rating Reiterated by TD Securities

TD Securities reaffirmed their buy rating on shares of Advantage Energy (TSE:AAV) (NYSE:AAV) in a research report report published on Wednesday morning, Stock Target Advisor reports. The brokerage currently has a C$13.00 price target on the stock.

Several other equities research analysts also recently weighed in on AAV. National Bank Financial set a C$11.50 target price on Advantage Energy and gave the stock a sell rating in a research report on Friday, September 27th. Cormark raised Advantage Energy to a moderate buy rating in a report on Monday, September 23rd. BMO Capital Markets reduced their price target on Advantage Energy from C$13.00 to C$12.00 in a report on Friday, October 4th. CIBC reissued a neutral rating and issued a C$12.00 price target on shares of Advantage Energy in a report on Thursday, August 29th. Finally, ATB Capital increased their price target on Advantage Energy from C$13.50 to C$14.00 in a report on Wednesday, July 10th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of Moderate Buy and an average price target of C$13.21.

Advantage Energy Price Performance

Shares of TSE AAV opened at C$9.37 on Wednesday. Advantage Energy has a 1-year low of C$8.02 and a 1-year high of C$11.73. The business has a 50-day moving average of C$9.36 and a 200-day moving average of C$10.10. The company has a debt-to-equity ratio of 46.86, a current ratio of 0.76 and a quick ratio of 0.72. The company has a market capitalization of C$1.56 billion, a price-to-earnings ratio of 19.47, a PEG ratio of -3.58 and a beta of 1.46.

Advantage Energy (TSE:AAV) (NYSE:AAV) last issued its earnings results on Thursday, July 25th. The company reported C($0.07) earnings per share for the quarter, missing the consensus estimate of C($0.03) by C($0.04). Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. The company had revenue of C$100.66 million during the quarter, compared to analysts’ expectations of C$108.50 million. On average, equities analysts anticipate that Advantage Energy will post 1.4701493 EPS for the current fiscal year.

Insider Buying and Selling at Advantage Energy

In other news, Senior Officer Donald Craig Blackwood acquired 5,435 shares of the business’s stock in a transaction on Friday, August 2nd. The shares were purchased at an average price of C$9.20 per share, for a total transaction of C$50,002.00. In related news, Director John Festival purchased 20,000 shares of the company’s stock in a transaction dated Monday, July 29th. The shares were acquired at an average cost of C$9.58 per share, for a total transaction of C$191,600.00. Also, Senior Officer Donald Craig Blackwood purchased 5,435 shares of the company’s stock in a transaction dated Friday, August 2nd. The shares were bought at an average price of C$9.20 per share, for a total transaction of C$50,002.00. Insiders have bought 45,435 shares of company stock worth $420,402 over the last quarter. 1.55% of the stock is owned by corporate insiders.

About Advantage Energy

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.