Advantage Energy Ltd. (TSE:AAV) Given Consensus Rating of "Moderate Buy" by Analysts

Advantage Energy Ltd. (TSE:AAV - Get Free Report) NYSE: AAV has earned an average recommendation of "Moderate Buy" from the eight analysts that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$13.50.

Several equities research analysts recently commented on AAV shares. Raymond James dropped their target price on Advantage Energy from C$12.00 to C$11.00 in a report on Wednesday, April 9th. National Bank Financial upgraded shares of Advantage Energy from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 20th. BMO Capital Markets lifted their price target on shares of Advantage Energy from C$12.00 to C$13.00 in a research note on Tuesday, January 14th. Royal Bank of Canada upped their price objective on shares of Advantage Energy to C$11.00 and gave the company a "hold" rating in a research report on Wednesday, April 9th. Finally, CIBC lifted their target price on Advantage Energy from C$11.00 to C$11.50 in a research report on Friday, January 17th.

Advantage Energy Trading Up 2.1 %

AAV traded up C$0.21 on Thursday, reaching C$9.98. 261,408 shares of the company's stock were exchanged, compared to its average volume of 520,886. The company has a debt-to-equity ratio of 41.40, a quick ratio of 0.72 and a current ratio of 0.75. The company has a market cap of C$1.66 billion, a price-to-earnings ratio of 36.34, a PEG ratio of -3.58 and a beta of 1.46. The company's 50 day moving average is C$9.70 and its 200-day moving average is C$9.42. Advantage Energy has a twelve month low of C$7.81 and a twelve month high of C$11.73.

Insider Transactions at Advantage Energy

In related news, Director John Festival acquired 20,000 shares of the business's stock in a transaction on Monday, March 10th. The shares were purchased at an average price of C$9.18 per share, for a total transaction of C$183,600.00. Also, Director Daniel Stuart Farb acquired 32,500 shares of Advantage Energy stock in a transaction that occurred on Wednesday, April 9th. The stock was acquired at an average cost of C$8.36 per share, with a total value of C$271,849.50. In the last ninety days, insiders have purchased 57,500 shares of company stock worth $500,070. 1.55% of the stock is currently owned by company insiders.

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.