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

Key Points

• Advantage Energy Ltd. has received a consensus rating of "Moderate Buy" from six brokerages, with three holding recommendations, two buys, and one strong buy.
• The average 12-month price objective for the stock is C$12.86, with reports from Royal Bank of Canada and National Bankshares adjusting their price targets.
• As of the latest trading session, shares of Advantage Energy have decreased 0.8%, reaching C$11.20, with 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 been given a consensus recommendation of "Moderate Buy" by the six ratings firms that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$12.86.

AAV has been the subject of several analyst reports. Royal Bank Of Canada boosted their price objective on shares of Advantage Energy from C$11.00 to C$12.00 and gave the stock a "sector perform" rating in a report on Monday, June 30th. National Bankshares lowered Advantage Energy from an "outperform" rating to a "sector perform" rating and cut their price objective for the stock from C$14.50 to C$14.00 in a report on Wednesday.

Advantage Energy Trading Down 0.8%

Shares of Advantage Energy stock traded down C$0.09 during midday trading on Wednesday, reaching C$11.20. 349,555 shares of the company's stock traded hands, compared to its average volume of 503,840. The stock has a 50 day moving average of C$11.27 and a 200-day moving average of C$11.00. Advantage Energy has a 12 month low of C$7.81 and a 12 month high of C$12.75. The company has a market cap of C$1.87 billion, a PE ratio of 35.00, a price-to-earnings-growth ratio of -3.58 and a beta of 0.18. The company has a debt-to-equity ratio of 41.40, a quick ratio of 0.72 and a current ratio of 0.75.

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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