Advantage Energy (TSE:AAV) Rating Increased to Moderate Buy at Raymond James

Advantage Energy (TSE:AAV - Get Free Report) NYSE: AAV was upgraded by analysts at Raymond James to a "moderate buy" rating in a note issued to investors on Monday, April 7th,Zacks.com reports.

Other analysts also recently issued reports about the company. CIBC increased their price target on Advantage Energy from C$11.00 to C$11.50 in a report on Friday, January 17th. National Bankshares upgraded Advantage Energy from a "sector perform" rating to an "outperform" rating and raised their target price for the company from C$11.50 to C$15.00 in a report on Thursday, January 30th. BMO Capital Markets upped their price target on Advantage Energy from C$12.00 to C$13.00 in a report on Tuesday, January 14th. National Bank Financial upgraded shares of Advantage Energy from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 20th. Finally, Cormark upgraded shares of Advantage Energy to a "moderate buy" rating in a research note on Thursday, March 6th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Advantage Energy presently has an average rating of "Moderate Buy" and a consensus target price of C$13.50.

Advantage Energy Trading Up 0.4 %

AAV stock traded up C$0.04 on Monday, hitting C$9.05. 108,016 shares of the company were exchanged, compared to its average volume of 526,089. The stock has a market capitalization of C$1.50 billion, a price-to-earnings ratio of 32.96, a price-to-earnings-growth ratio of -3.58 and a beta of 1.46. The business's fifty day moving average is C$9.67 and its two-hundred day moving average is C$9.41. Advantage Energy has a twelve month low of C$7.81 and a twelve month high of C$11.73. The company has a debt-to-equity ratio of 41.40, a current ratio of 0.75 and a quick ratio of 0.72.

Insiders Place Their Bets

In related news, Director John Festival acquired 20,000 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average cost of C$9.18 per share, for a total transaction of C$183,600.00. Also, Senior Officer Geoffrey Keyser bought 3,000 shares of the firm's stock in a transaction on Wednesday, January 29th. The stock was purchased at an average price of C$9.10 per share, with a total value of C$27,300.00. Insiders have bought a total of 57,500 shares of company stock valued at $500,070 in the last quarter. Insiders own 1.55% of the company's stock.

Advantage Energy Company Profile

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.