Advantage Energy (TSE:AAV) Receives "Outperform" Rating from BMO Capital Markets

BMO Capital Markets reaffirmed their outperform rating on shares of Advantage Energy (TSE:AAV - Free Report) NYSE: AAV in a research note released on Monday, Marketbeat Ratings reports. They currently have a C$13.00 price target on the stock.

AAV has been the subject of a number of other reports. Raymond James decreased their target price on shares of Advantage Energy from C$13.00 to C$11.00 and set an outperform rating for the company in a research note on Friday, January 19th. Scotiabank increased their target price on Advantage Energy from C$16.00 to C$17.00 and gave the company a sector perform rating in a report on Tuesday, March 5th. Royal Bank of Canada boosted their price target on Advantage Energy from C$10.00 to C$11.00 and gave the company a sector perform rating in a research note on Tuesday, March 5th. Desjardins lowered their price objective on shares of Advantage Energy from C$13.25 to C$13.00 and set a buy rating on the stock in a research note on Tuesday, January 23rd. Finally, Stifel Nicolaus cut their target price on shares of Advantage Energy from C$14.50 to C$13.00 and set a buy rating for the company in a research report on Monday, February 5th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus price target of C$12.34.

Advantage Energy Stock Up 3.2 %

TSE AAV traded up C$0.31 during mid-day trading on Monday, reaching C$10.13. The stock had a trading volume of 716,606 shares, compared to its average volume of 323,900. The stock has a market cap of C$1.62 billion, a PE ratio of 17.17, a price-to-earnings-growth ratio of -3.58 and a beta of 1.65. Advantage Energy has a 1 year low of C$6.79 and a 1 year high of C$11.05. The company has a debt-to-equity ratio of 22.74, a current ratio of 1.25 and a quick ratio of 0.72. The company has a fifty day moving average price of C$9.62 and a 200 day moving average price of C$9.36.

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 EPS for the quarter, beating the consensus estimate of C$0.19 by C$0.06. The company had revenue of C$147.14 million for the quarter, compared to analysts' expectations of C$141.00 million. Advantage Energy had a return on equity of 6.43% and a net margin of 19.94%. On average, research analysts expect that Advantage Energy will post 0.5294748 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director John Larry Festival acquired 40,000 shares of the stock in a transaction on Tuesday, March 19th. The stock was bought at an average cost of C$9.95 per share, with a total value of C$398,000.00. 1.27% of the stock is owned by insiders.

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. The company's assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.