Advantage Energy (TSE:AAV) PT Set at C$12.00 by Raymond James

Raymond James set a C$12.00 target price on Advantage Energy (TSE:AAV - Free Report) NYSE: AAV in a research report released on Tuesday,BayStreet.CA reports. The firm currently has a market perform rating on the stock.

Other equities research analysts have also issued reports about the company. National Bankshares upgraded Advantage Energy from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from C$11.50 to C$15.00 in a report on Thursday, January 30th. Cormark upgraded shares of Advantage Energy to a "moderate buy" rating in a research note on Thursday, March 6th. BMO Capital Markets upped their price objective on shares of Advantage Energy from C$12.00 to C$13.00 in a report on Tuesday, January 14th. CIBC lifted their target price on shares of Advantage Energy from C$11.00 to C$11.50 in a report on Friday, January 17th. Finally, National Bank Financial upgraded shares of Advantage Energy from a "hold" rating to a "strong-buy" rating in a report on Monday, January 20th. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Advantage Energy currently has a consensus rating of "Moderate Buy" and a consensus price target of C$13.50.

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Advantage Energy Stock Up 7.0 %

TSE AAV traded up C$0.59 during trading on Tuesday, hitting C$9.01. 569,511 shares of the company traded hands, compared to its average volume of 532,296. Advantage Energy has a 12 month low of C$7.81 and a 12 month high of C$11.73. The business has a fifty day simple moving average of C$9.67 and a 200 day simple moving average of C$9.41. The company has a market capitalization of C$1.50 billion, a P/E ratio of 32.81, a PEG ratio of -3.58 and a beta of 1.46. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 41.40.

Insider Buying and Selling at Advantage Energy

In other Advantage Energy news, Senior Officer Geoffrey Keyser bought 3,000 shares of the stock in a transaction that occurred on Wednesday, January 29th. The shares were acquired at an average price of C$9.10 per share, with a total value of C$27,300.00. Also, Director Daniel Stuart Farb purchased 32,500 shares of the company's 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. Insiders bought a total of 57,500 shares of company stock valued at $500,070 in the last quarter. Corporate insiders own 1.55% of the company's stock.

About Advantage Energy

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.