Advantage Energy Ltd. (TSE:AAV) Given Consensus Rating of "Moderate Buy" by Analysts

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 reports. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$13.63.

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

Insider Buying and Selling at Advantage Energy

In other news, Director Daniel Stuart Farb bought 32,500 shares of Advantage Energy stock in a transaction that occurred on Wednesday, April 9th. The stock was bought at an average cost of C$8.36 per share, with a total value of C$271,849.50. Also, Director John Festival bought 20,000 shares of the firm's stock in a transaction on Monday, March 10th. The shares were purchased at an average price of C$9.18 per share, for a total transaction of C$183,600.00. Over the last ninety days, insiders acquired 54,500 shares of company stock valued at $472,770. Insiders own 1.55% of the company's stock.

Advantage Energy Trading Down 0.4%

Shares of TSE AAV opened at C$11.39 on Friday. The firm's 50 day moving average price is C$10.23 and its 200-day moving average price is C$9.77. The company has a debt-to-equity ratio of 41.40, a quick ratio of 0.72 and a current ratio of 0.75. Advantage Energy has a 52-week low of C$7.81 and a 52-week high of C$11.72. The company has a market cap of C$1.89 billion, a PE ratio of 41.48, a P/E/G ratio of -3.58 and a beta of 1.46.

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.

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