Advantage Energy Ltd. (AAV.TO) – What Are Brokerages Saying About This Stock?

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) has earned an average rating of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$13.79.

AAV has been the subject of a number of research reports. Ventum Financial set a C$13.50 price objective on Advantage Energy and gave the company a “buy” rating in a research note on Friday, October 23rd. Raymond James Financial lowered shares of Advantage Energy from a “moderate buy” rating to a “hold” rating and lowered their target price for the stock from C$14.00 to C$13.00 in a research report on Wednesday, September 16th.

Advantage Energy Trading Up 1.1%

Shares of Advantage Energy stock opened at C$10.56 on Friday. The company has a current ratio of 0.35, a quick ratio of 0.72 and a debt-to-equity ratio of 40.01. The company has a fifty day simple moving average of C$10.58 and a 200-day simple moving average of C$10.56. The stock has a market cap of C$1.71 billion, a price-to-earnings ratio of 12.72, a PEG ratio of -3.58 and a beta of -0.29. Advantage Energy has a 12-month low of C$9.19 and a 12-month high of C$13.20.

Advantage Energy (TSE:AAV) (NYSE:AAV) last posted its earnings results on Thursday, October 29th. The company reported C$0.33 earnings per share for the quarter. The business had revenue of C$166.32 million during the quarter. Advantage Energy had a return on equity of 8.07% and a net margin of 18.26%. On average, equities analysts forecast that Advantage Energy will post 1.47 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.