Advantage Energy (TSE:AAV) Upgraded at National Bankshares

National Bankshares upgraded shares of Advantage Energy (TSE:AAV) (NYSE:AAV) from a sector perform rating to an outperform rating in a research note issued to investors on Tuesday morning,BayStreet.CA reports. National Bankshares currently has C$15.00 price target on the stock, up from their prior price target of C$11.50.

Several other equities analysts have also issued reports on the company. Cormark upgraded Advantage Energy to a “moderate buy” rating in a research report on Monday, September 23rd. TD Securities reiterated a “buy” rating and issued a C$13.00 target price on shares of Advantage Energy in a report on Wednesday, October 9th. CIBC lifted their price target on shares of Advantage Energy from C$11.00 to C$11.50 in a research report on Friday, January 17th. BMO Capital Markets upped their price objective on shares of Advantage Energy from C$12.00 to C$13.00 in a research report on Tuesday, January 14th. Finally, National Bank Financial lowered Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 8th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$13.77.

Advantage Energy Price Performance

Shares of AAV stock opened at C$10.03 on Tuesday. The firm has a market cap of C$1.67 billion, a price-to-earnings ratio of 21.34, a PEG ratio of -3.58 and a beta of 1.46. Advantage Energy has a 12 month low of C$8.27 and a 12 month high of C$11.73. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 46.86. The stock has a 50-day moving average price of C$9.32 and a 200 day moving average price of C$9.41.

Advantage Energy (TSE:AAV) (NYSE:AAV) last posted its quarterly earnings results on Thursday, October 24th. The company reported C($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.07). Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. The business had revenue of C$144.86 million for the quarter, compared to the consensus estimate of C$161.10 million. Research analysts expect that Advantage Energy will post 1.4701493 EPS for the current year.

Insider Buying and Selling at Advantage Energy

In other Advantage Energy news, Senior Officer Darren Tisdale bought 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was acquired at an average price of C$8.85 per share, with a total value of C$26,550.00. Also, Director John Festival purchased 20,000 shares of the business’s stock in a transaction on Monday, October 28th. The shares were acquired at an average cost of C$8.80 per share, for a total transaction of C$176,000.00. In the last quarter, insiders have bought 54,047 shares of company stock worth $476,272. Corporate insiders own 1.55% of the company’s stock.

Advantage Energy Company Profile

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.