Advantage Energy (TSE:AAV) Rating Reiterated by TD Securities

Advantage Energy (TSE:AAV) (NYSE:AAV)‘s stock had its “buy” rating reaffirmed by equities research analysts at TD Securities in a research note issued on Friday, Stock Target Advisor reports. They currently have a C$14.00 price target on the stock. TD Securities’ price target indicates a potential upside of 30.48% from the stock’s previous close.

AAV has been the topic of a number of other research reports. Royal Bank of Canada raised their target price on shares of Advantage Energy from C$10.00 to C$11.00 and gave the company a “sector perform” rating in a research report on Tuesday, March 5th. Raymond James cut their target price on shares of Advantage Energy from C$13.00 to C$11.00 and set an “outperform” rating on the stock in a research report on Friday, January 19th. Scotiabank raised their target price on shares of Advantage Energy from C$16.00 to C$17.00 and gave the company a “sector perform” rating in a research report on Tuesday, March 5th. National Bankshares raised their price target on shares of Advantage Energy from C$12.00 to C$12.50 and gave the company an “outperform” rating in a research note on Friday, April 19th. Finally, CIBC raised their price target on shares of Advantage Energy from C$10.50 to C$11.00 and gave the company a “neutral” rating in a research note on Monday. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$12.68.

Advantage Energy Stock Performance

Shares of TSE:AAV opened at C$10.73 on Friday. The company’s 50 day moving average price is C$10.03 and its two-hundred day moving average price is C$9.48. Advantage Energy has a 12-month low of C$6.79 and a 12-month high of C$11.05. The firm has a market cap of C$1.71 billion, a PE ratio of 18.19, a PEG ratio of -3.58 and a beta of 1.65. The company has a quick ratio of 0.72, a current ratio of 1.25 and a debt-to-equity ratio of 22.74.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its earnings results on Thursday, April 25th. The company reported C$0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.11 by C$0.03. The firm had revenue of C$139.38 million for the quarter, compared to analyst estimates of C$132.00 million. Advantage Energy had a net margin of 19.94% and a return on equity of 6.43%. Equities research analysts predict that Advantage Energy will post 0.5298117 earnings per share for the current year.

Insider Activity

In other news, Director John Larry Festival purchased 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 19th. The shares were acquired at an average cost of C$9.95 per share, for a total transaction of C$398,000.00. Corporate insiders own 1.27% 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.