Advantage Energy (TSE:AAV) Upgraded by National Bankshares to "Outperform" Rating

Advantage Energy (TSE:AAV - Get Free Report) NYSE: AAV was upgraded by research analysts at National Bankshares from a "sector perform" rating to an "outperform" rating in a report issued on Thursday,BayStreet.CA reports. The firm currently has a C$15.00 price objective on the stock, up from their prior price objective of C$11.50. National Bankshares' target price points to a potential upside of 60.60% from the company's previous close.

A number of other research firms have also weighed in on AAV. BMO Capital Markets raised their price target on shares of Advantage Energy from C$12.00 to C$13.00 in a research report on Tuesday, January 14th. National Bank Financial raised Advantage Energy from a "hold" rating to a "strong-buy" rating in a report on Monday, January 20th. CIBC boosted their price objective on Advantage Energy from C$11.00 to C$11.50 in a research report on Friday, January 17th. Finally, TD Securities restated a "buy" rating and issued a C$13.00 price objective on shares of Advantage Energy in a research note on Wednesday, October 9th. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of C$13.77.

Advantage Energy Stock Up 1.2 %

Advantage Energy stock traded up C$0.11 during trading on Thursday, hitting C$9.34. 566,173 shares of the company were exchanged, compared to its average volume of 479,748. The company has a market capitalization of C$1.56 billion, a P/E ratio of 19.87, a PEG ratio of -3.58 and a beta of 1.46. The business's 50 day moving average is C$9.39 and its 200 day moving average is C$9.36. Advantage Energy has a 52 week low of C$8.27 and a 52 week high of C$11.73. The company has a current ratio of 0.76, a quick ratio of 0.72 and a debt-to-equity ratio of 46.86.

Insider Activity at Advantage Energy

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

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.