Advantage Energy Ltd. (TSE:AAV) Receives C$13.21 Consensus Target Price from Analysts

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

Several research firms have recently issued reports on AAV. National Bankshares lowered their price target on shares of Advantage Energy from C$13.00 to C$11.50 in a research report on Friday, September 27th. BMO Capital Markets lowered their target price on shares of Advantage Energy from C$13.00 to C$12.00 in a report on Friday, October 4th. Cormark raised Advantage Energy to a "moderate buy" rating in a report on Monday, September 23rd. CIBC reiterated a "neutral" rating and issued a C$12.00 price target on shares of Advantage Energy in a research report on Thursday, August 29th. Finally, TD Securities reissued a "buy" rating and set a C$13.00 price objective on shares of Advantage Energy in a report on Wednesday, October 9th.

Advantage Energy Stock Performance

Shares of Advantage Energy stock traded down C$0.12 on Friday, reaching C$8.82. 343,548 shares of the company traded hands, compared to its average volume of 448,925. The company has a 50 day moving average of C$9.06 and a 200 day moving average of C$9.70. The company has a debt-to-equity ratio of 46.86, a current ratio of 0.76 and a quick ratio of 0.72. Advantage Energy has a 52 week low of C$8.14 and a 52 week high of C$11.73. The firm has a market capitalization of C$1.47 billion, a PE ratio of 18.68, a PEG ratio of -3.58 and a beta of 1.46.

Advantage Energy (TSE:AAV - Get Free Report) NYSE: AAV last announced its quarterly earnings data on Thursday, October 24th. The company reported C($0.04) earnings per share for the quarter, missing the consensus estimate of C$0.03 by C($0.07). The firm had revenue of C$144.86 million for 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%. Equities analysts forecast that Advantage Energy will post 1.4701493 earnings per share for the current year.

Insider Activity at Advantage Energy

In other news, Director John Festival acquired 20,000 shares of Advantage Energy stock in a transaction dated Friday, September 27th. The shares were purchased at an average cost 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 company'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, with a total value of C$35,540.00. Insiders have purchased 74,047 shares of company stock valued at $655,072 over the last three months. 1.55% of the stock is owned by corporate 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.