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

Key Points

• Advantage Energy Ltd. has received a consensus recommendation of "Moderate Buy" from seven brokerages, with two holding ratings, four buy ratings, and one strong buy rating.
• The average one-year price target for Advantage Energy among analysts is C$12.83, while Royal Bank of Canada recently adjusted their target price from C$11.00 to C$12.00.
• As of Friday, shares of Advantage Energy are priced at C$11.47, with a market capitalization of C$1.92 billion and a 12-month trading range between C$7.81 and C$12.75.

Shares of Advantage Energy Ltd. (TSE:AAV - Get Free Report) NYSE: AAV have received an average recommendation of "Moderate Buy" from the seven ratings firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is C$12.83.

Separately, Royal Bank Of Canada boosted their target price on Advantage Energy from C$11.00 to C$12.00 and gave the company a "sector perform" rating in a research note on Monday, June 30th.

Advantage Energy Stock Up 0.4%

Shares of TSE:AAV opened at C$11.47 on Friday. The business's 50 day moving average is C$11.05 and its 200 day moving average is C$10.71. The stock has a market cap of C$1.92 billion, a price-to-earnings ratio of 35.84, a PEG ratio of -3.58 and a beta of 0.31. Advantage Energy has a 12-month low of C$7.81 and a 12-month high of C$12.75. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 41.40.

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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