Advantage Energy (TSE:AAV) Price Target Raised to C$15.00

Advantage Energy (TSE:AAV) (NYSE:AAV) had its price target lifted by Desjardins from C$14.50 to C$15.00 in a research report released on Wednesday morning,BayStreet.CA reports. Desjardins currently has a buy rating on the stock.

AAV has been the topic of a number of other reports. ATB Capital upped their target price on shares of Advantage Energy from C$14.00 to C$15.00 and gave the company an “outperform” rating in a report on Wednesday. Raymond James Financial raised Advantage Energy from a “hold” rating to a “moderate buy” rating and upped their price objective for the company from C$13.00 to C$15.00 in a report on Tuesday. Natl Bk Canada lowered Advantage Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 26th. Finally, National Bankshares downgraded shares of Advantage Energy from an “outperform” rating to a “sector perform” rating and reduced their price target for the company from C$14.50 to C$14.00 in a research note on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Advantage Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of C$14.00.

Advantage Energy Trading Down 0.2%

Shares of AAV opened at C$12.18 on Wednesday. The stock has a fifty day moving average price of C$11.88 and a two-hundred day moving average price of C$11.52. Advantage Energy has a 52-week low of C$7.81 and a 52-week high of C$13.20. The company has a debt-to-equity ratio of 41.40, a quick ratio of 0.72 and a current ratio of 0.75. The company has a market cap of C$2.03 billion, a price-to-earnings ratio of 34.80, a PEG ratio of -3.58 and a beta of 0.11.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its quarterly earnings data on Tuesday, October 28th. The company reported C$0.00 earnings per share for the quarter. The business had revenue of C$137.96 million for the quarter. Advantage Energy had a net margin of 8.98% and a return on equity of 2.87%. Analysts predict that Advantage Energy will post 1.4701493 EPS for the current fiscal year.

Advantage Energy Company Profile

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.