Advantage Energy Ltd. (TSE:AAV) Receives Consensus Rating of "Moderate Buy" from Brokerages

Shares of Advantage Energy Ltd. (TSE:AAV - Get Free Report) NYSE: AAV have been given an average rating of "Moderate Buy" by the nine research firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$13.63.

Several equities research analysts have recently issued reports on AAV shares. Cormark upgraded Advantage Energy to a "moderate buy" rating in a report on Thursday, March 6th. Royal Bank of Canada lifted their price target on Advantage Energy to C$11.00 and gave the company a "hold" rating in a report on Wednesday, April 9th. TD Cowen reiterated a "buy" rating and set a C$14.00 price target on shares of Advantage Energy in a report on Friday, May 2nd. Desjardins lifted their price target on Advantage Energy from C$13.50 to C$14.00 and gave the company a "buy" rating in a report on Monday, May 5th. Finally, CIBC lifted their price target on Advantage Energy from C$11.50 to C$12.00 and gave the company a "neutral" rating in a report on Friday, May 2nd.

Advantage Energy Stock Down 0.7%

TSE:AAV traded down C$0.08 on Friday, hitting C$11.60. 529,000 shares of the company's stock traded hands, compared to its average volume of 517,032. 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 1 year low of C$7.81 and a 1 year high of C$11.87. The firm has a 50-day moving average price of C$10.25 and a 200-day moving average price of C$9.82. The company has a market cap of C$1.93 billion, a PE ratio of 42.24, a price-to-earnings-growth ratio of -3.58 and a beta of 1.46.

Insider Buying and Selling

In other Advantage Energy news, Director Daniel Stuart Farb purchased 32,500 shares of the company's stock in a transaction on Wednesday, April 9th. The shares were bought at an average cost of C$8.36 per share, with a total value of C$271,849.50. Corporate insiders own 1.55% of the company's stock.

About Advantage Energy

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.