Advantage Energy Ltd. (TSE:AAV) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have been assigned a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$13.85.

A number of brokerages have issued reports on AAV. BMO Capital Markets upped their price objective on Advantage Energy from C$12.00 to C$13.00 in a research report on Tuesday, January 14th. CIBC increased their price target on Advantage Energy from C$11.00 to C$11.50 in a report on Friday, January 17th. National Bankshares raised shares of Advantage Energy from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from C$11.50 to C$15.00 in a research note on Thursday, January 30th. Finally, National Bank Financial upgraded shares of Advantage Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 20th.

Insider Buying and Selling

In other news, Senior Officer Geoffrey Keyser acquired 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 29th. The shares were bought at an average price of C$9.10 per share, with a total value of C$27,300.00. 1.55% of the stock is currently owned by insiders.

Advantage Energy Stock Up 0.9 %

Shares of TSE AAV opened at C$9.63 on Wednesday. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 41.40. Advantage Energy has a 12-month low of C$8.27 and a 12-month high of C$11.73. The firm’s 50-day moving average price is C$9.71 and its 200-day moving average price is C$9.33. The stock has a market capitalization of C$1.60 billion, a price-to-earnings ratio of 35.07, a P/E/G ratio of -3.58 and a beta of 1.46.

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.