Advantage Energy (TSE:AAV) Price Target Raised to C$14.00

Advantage Energy (TSE:AAV) (NYSE:AAV) had its target price raised by Royal Bank Of Canada from C$12.00 to C$14.00 in a research note issued to investors on Thursday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

A number of other equities research analysts also recently issued reports on AAV. Raymond James Financial raised shares of Advantage Energy from a “hold” rating to a “moderate buy” rating and boosted their price objective for the company from C$13.00 to C$15.00 in a research report on Tuesday, December 9th. National Bankshares downgraded shares of Advantage Energy from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from C$14.50 to C$14.00 in a report on Wednesday, October 22nd. Natl Bk Canada lowered shares of Advantage Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 26th. Desjardins raised their price objective on shares of Advantage Energy from C$14.50 to C$15.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, ATB Capital lifted 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 research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$14.00.

Advantage Energy Stock Performance

Advantage Energy stock opened at C$12.18 on Thursday. The stock’s 50 day moving average is C$11.88 and its 200 day moving average is C$11.53. The company has a market capitalization of C$2.03 billion, a P/E ratio of 34.80, a PEG ratio of -3.58 and a beta of 0.11. Advantage Energy has a twelve month low of C$7.81 and a twelve month high of C$13.20. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 41.40.

Advantage Energy (TSE:AAV) (NYSE:AAV) last issued its quarterly earnings results on Tuesday, October 28th. The company reported C$0.00 earnings per share for the quarter. The firm had revenue of C$137.96 million during the quarter. Advantage Energy had a return on equity of 2.87% and a net margin of 8.98%. On average, equities research analysts predict that Advantage Energy will post 1.4701493 earnings per share 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.