Brokerages Set Advantage Energy Ltd. (TSE:AAV) Target Price at C$13.21

Advantage Energy Ltd. (TSE:AAV - Get Free Report) NYSE: AAV has been given an average recommendation of "Moderate Buy" by the eleven ratings firms that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$13.21.

AAV has been the topic of a number of research reports. National Bankshares reduced their price objective on Advantage Energy from C$13.00 to C$11.50 in a research report on Friday, September 27th. TD Securities reaffirmed a "buy" rating and issued a C$13.00 price objective on shares of Advantage Energy in a research note on Wednesday, October 9th. BMO Capital Markets dropped their price objective on shares of Advantage Energy from C$13.00 to C$12.00 in a report on Friday, October 4th. National Bank Financial lowered shares of Advantage Energy from a "strong-buy" rating to a "hold" rating in a report on Tuesday, October 8th. Finally, CIBC reaffirmed a "neutral" rating and set a C$12.00 price target on shares of Advantage Energy in a research note on Thursday, August 29th.

Advantage Energy Price Performance

Shares of AAV traded down C$0.03 during mid-day trading on Monday, reaching C$8.58. The company had a trading volume of 869,278 shares, compared to its average volume of 448,913. The company has a market capitalization of C$1.43 billion, a price-to-earnings ratio of 18.32, a P/E/G ratio of -3.58 and a beta of 1.46. The company has a debt-to-equity ratio of 46.86, a quick ratio of 0.72 and a current ratio of 0.76. The company's 50 day simple moving average is C$9.13 and its 200 day simple moving average is C$9.91. Advantage Energy has a 1-year low of C$8.02 and a 1-year high of C$11.73.

Advantage Energy (TSE:AAV - Get Free Report) NYSE: AAV last issued its quarterly earnings data on Thursday, October 24th. The company reported C($0.04) EPS for the quarter, missing the consensus estimate of C$0.03 by C($0.07). The company had revenue of C$144.86 million during the quarter, compared to the consensus estimate of C$161.10 million. Advantage Energy had a net margin of 16.05% and a return on equity of 5.02%. Analysts expect that Advantage Energy will post 1.4701493 EPS for the current year.

Insider Buying and Selling at Advantage Energy

In other news, Director John Festival acquired 20,000 shares of the firm's stock in a transaction dated Friday, September 27th. The stock was purchased at an average price of C$8.94 per share, for a total transaction of C$178,800.00. Also, Senior Officer Geoffrey Keyser bought 4,000 shares of the business's stock in a transaction that occurred on Monday, October 28th. The stock was purchased at an average price of C$8.89 per share, for a total transaction of C$35,540.00. Over the last three months, insiders have acquired 72,000 shares of company stock valued at $637,050. 1.55% of the stock is currently owned by company insiders.

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.