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

Key Points

• Consensus "Moderate Buy": Seven analysts covering Advantage Energy (5 buys, 2 holds) give a consensus rating of "Moderate Buy" with an average 12‑month target of C$14.14.
• Several brokers recently raised ratings or targets — Desjardins, Raymond James and National Bank lifted targets to C$15.00 (National Bank to "outperform"), while RBC raised its target to C$14.00 and ATB Cormark trimmed its view to "moderate buy".
• Stock snapshot: AAV was trading near C$11.81 with a market cap of about C$1.97B, a P/E of 33.74, a 12‑month range of C$7.81–C$13.20 and a debt/equity ratio of 52.03.

Shares of Advantage Energy Ltd. (TSE:AAV - Get Free Report) NYSE: AAV have received a consensus rating of "Moderate Buy" from the seven research firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$14.14.

AAV has been the topic of several analyst reports. Desjardins increased their price target on shares of Advantage Energy from C$14.50 to C$15.00 and gave the stock a "buy" rating in a research report on Wednesday, December 10th. ATB Cormark Capital Markets downgraded shares of Advantage Energy from a "strong-buy" rating to a "moderate buy" rating and lowered their price objective for the company from C$15.00 to C$14.00 in a research report on Friday, February 13th. National Bank Financial upgraded Advantage Energy from a "hold" rating to an "outperform" rating and upped their target price for the stock from C$14.00 to C$15.00 in a research note on Friday, February 13th. Raymond James Financial raised Advantage Energy from a "hold" rating to a "moderate buy" rating and raised their target price for the company from C$13.00 to C$15.00 in a report on Tuesday, December 9th. Finally, Royal Bank Of Canada lifted their price target on Advantage Energy from C$12.00 to C$14.00 and gave the company a "sector perform" rating in a research note on Thursday, December 11th.

Advantage Energy Trading Up 0.4%

Shares of Advantage Energy stock opened at C$11.81 on Friday. The company has a market capitalization of C$1.97 billion, a price-to-earnings ratio of 33.74, a PEG ratio of -3.58 and a beta of -0.14. The company has a quick ratio of 0.72, a current ratio of 0.39 and a debt-to-equity ratio of 52.03. Advantage Energy has a 12-month low of C$7.81 and a 12-month high of C$13.20. The firm's 50-day moving average price is C$10.89 and its two-hundred day moving average price is C$11.42.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.