Advantage Energy Ltd. (TSE:AAV) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have earned an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$13.85.

A number of equities analysts have weighed in on the stock. 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. CIBC upped their price target on shares of Advantage Energy from C$11.00 to C$11.50 in a research report on Friday, January 17th. National Bank Financial raised shares of Advantage Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 20th. Finally, National Bankshares upgraded Advantage Energy from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from C$11.50 to C$15.00 in a research note on Thursday, January 30th.

Insider Transactions at Advantage Energy

In related news, Senior Officer Darren Tisdale purchased 3,000 shares of Advantage Energy stock in a transaction dated Friday, November 15th. The shares were acquired at an average price of C$8.85 per share, for a total transaction of C$26,550.00. Insiders have purchased a total of 8,047 shares of company stock worth $71,872 in the last ninety days. Insiders own 1.55% of the company’s stock.

Advantage Energy Trading Up 2.9 %

Shares of AAV stock opened at C$9.30 on Friday. Advantage Energy has a 1-year low of C$8.27 and a 1-year high of C$11.73. The company has a market cap of C$1.55 billion, a price-to-earnings ratio of 19.79, a PEG ratio of -3.58 and a beta of 1.46. 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 stock has a 50 day simple moving average of C$9.40 and a 200-day simple moving average of C$9.34.

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.