Advantage Energy Ltd. (TSE:AAV) Receives C$12.95 Consensus PT from Analysts

Advantage Energy Ltd. (TSE:AAV - Get Free Report) NYSE: AAV has been given an average recommendation of "Moderate Buy" by the seven analysts that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating, four 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 a report on the stock in the last year is C$12.95.

A number of equities analysts recently commented on AAV shares. TD Cowen reaffirmed a "buy" rating and set a C$14.00 price target on shares of Advantage Energy in a research report on Friday, May 2nd. Cormark raised shares of Advantage Energy to a "moderate buy" rating in a report on Thursday, March 6th. Royal Bank Of Canada lifted their price target on shares of Advantage Energy from C$11.00 to C$12.00 and gave the company a "sector perform" rating in a research report on Monday. Desjardins increased their price target on Advantage Energy from C$13.50 to C$14.00 and gave the stock a "buy" rating in a research report on Monday, May 5th. Finally, Raymond James Financial lowered their price objective on Advantage Energy from C$12.00 to C$11.00 in a research note on Wednesday, April 9th.

Insider Buying and Selling

In other Advantage Energy news, Director Daniel Stuart Farb bought 32,500 shares of Advantage Energy stock in a transaction on Wednesday, April 9th. The shares were purchased at an average price of C$8.36 per share, with a total value of C$271,849.50. 1.55% of the stock is currently owned by corporate insiders.

Advantage Energy Stock Performance

Shares of AAV traded down C$0.16 during midday trading on Tuesday, reaching C$11.47. 311,835 shares of the stock were exchanged, compared to its average volume of 522,803. Advantage Energy has a twelve month low of C$7.81 and a twelve 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. The company has a market cap of C$1.90 billion, a P/E ratio of 41.77, a PEG ratio of -3.58 and a beta of 1.46. The stock's 50 day simple moving average is C$11.19 and its 200 day simple moving average is C$10.19.

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.