Advantage Energy (TSE:AAV) Price Target Raised to C$12.50 at National Bankshares

Advantage Energy (TSE:AAV - Free Report) NYSE: AAV had its price objective raised by National Bankshares from C$12.00 to C$12.50 in a research note published on Friday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other brokerages also recently weighed in on AAV. TD Securities upped their target price on shares of Advantage Energy from C$11.50 to C$12.00 and gave the stock a buy rating in a report on Wednesday, March 6th. BMO Capital Markets reiterated an outperform rating and set a C$13.00 price objective on shares of Advantage Energy in a research report on Monday, April 8th. Stifel Nicolaus decreased their price target on Advantage Energy from C$14.50 to C$13.00 and set a buy rating on the stock in a report on Monday, February 5th. Royal Bank of Canada boosted their target price on Advantage Energy from C$10.00 to C$11.00 and gave the company a sector perform rating in a research report on Tuesday, March 5th. Finally, Scotiabank raised their price objective on Advantage Energy from C$16.00 to C$17.00 and gave the stock a sector perform rating in a report on Tuesday, March 5th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of Moderate Buy and a consensus price target of C$12.39.

Advantage Energy Stock Up 2.1 %

Shares of AAV stock traded up C$0.22 during mid-day trading on Friday, reaching C$10.56. 253,873 shares of the company's stock traded hands, compared to its average volume of 326,578. Advantage Energy has a 12 month low of C$6.79 and a 12 month high of C$11.05. The company has a quick ratio of 0.72, a current ratio of 1.25 and a debt-to-equity ratio of 22.74. The company's 50-day moving average price is C$9.90 and its 200-day moving average price is C$9.43. The company has a market cap of C$1.69 billion, a P/E ratio of 17.90, a P/E/G ratio of -3.58 and a beta of 1.65.

Advantage Energy (TSE:AAV - Get Free Report) NYSE: AAV last released its quarterly earnings data on Monday, March 4th. The company reported C$0.25 earnings per share for the quarter, beating analysts' consensus estimates of C$0.19 by C$0.06. The business had revenue of C$147.14 million during the quarter, compared to analyst estimates of C$141.00 million. Advantage Energy had a net margin of 19.94% and a return on equity of 6.43%. On average, equities analysts expect that Advantage Energy will post 0.5298117 earnings per share for the current fiscal year.

Insider Transactions at Advantage Energy

In other news, Director John Larry Festival acquired 40,000 shares of Advantage Energy stock in a transaction on Tuesday, March 19th. The stock was bought at an average price of C$9.95 per share, for a total transaction of C$398,000.00. Insiders own 1.27% of the company's stock.

About Advantage Energy

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.