Brokerages Set Advantage Energy Ltd. (TSE:AAV) PT at C$13.77

Shares of Advantage Energy Ltd. (TSE:AAV - Get Free Report) NYSE: AAV have been given a consensus recommendation of "Moderate Buy" by the ten research firms that are presently covering the stock, Marketbeat.com reports. Two research 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 company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$13.77.

A number of analysts have recently weighed in on the stock. BMO Capital Markets increased their price objective on shares of Advantage Energy from C$12.00 to C$13.00 in a research note on Tuesday, January 14th. National Bankshares upgraded Advantage Energy from a "sector perform" rating to an "outperform" rating and upped their price objective for the stock from C$11.50 to C$15.00 in a research report on Thursday, January 30th. 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. TD Securities reiterated a "buy" rating and issued a C$13.00 target price on shares of Advantage Energy in a research note on Wednesday, October 9th. Finally, CIBC increased their price target on shares of Advantage Energy from C$11.00 to C$11.50 in a report on Friday, January 17th.

Insiders Place Their Bets

In other Advantage Energy news, Senior Officer Darren Tisdale bought 3,000 shares of the firm's stock in a transaction on Friday, November 15th. The shares were acquired at an average cost of C$8.85 per share, with a total value of C$26,550.00. Also, Director David Glenson Smith bought 20,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were bought at an average price of C$8.81 per share, for a total transaction of C$176,160.00. In the last three months, insiders bought 28,047 shares of company stock worth $248,032. Corporate insiders own 1.55% of the company's stock.

Advantage Energy Stock Performance

TSE AAV traded down C$0.14 during trading hours on Friday, reaching C$9.21. The stock had a trading volume of 245,364 shares, compared to its average volume of 475,294. Advantage Energy has a 52-week low of C$8.27 and a 52-week high of C$11.73. 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 stock has a market cap of C$1.54 billion, a P/E ratio of 19.60, a price-to-earnings-growth ratio of -3.58 and a beta of 1.46. The stock has a fifty day moving average of C$9.39 and a 200 day moving average of C$9.36.

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.