Advantage Energy (TSE:AAV) Given New C$17.00 Price Target at Cormark

Advantage Energy (TSE:AAVGet Rating) (NYSE:AAV) had its price target boosted by Cormark from C$16.00 to C$17.00 in a research report report published on Tuesday, MarketBeat.com reports.

A number of other equities analysts have also recently weighed in on AAV. Standpoint Research boosted their price target on Advantage Energy from C$11.25 to C$12.75 and gave the stock a buy rating in a report on Monday, May 2nd. CIBC cut their price target on Advantage Energy from C$14.00 to C$12.00 in a report on Wednesday, July 13th. Raymond James boosted their price target on Advantage Energy from C$13.00 to C$13.50 and gave the stock an outperform rating in a report on Tuesday, July 5th. TD Securities upped their target price on Advantage Energy from C$12.00 to C$13.00 and gave the company a buy rating in a research note on Monday, May 2nd. Finally, Stifel Nicolaus dropped their target price on Advantage Energy from C$14.25 to C$13.75 in a research note on Monday, July 11th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Advantage Energy currently has a consensus rating of Moderate Buy and an average target price of C$12.69.

Advantage Energy Stock Down 3.3 %

AAV opened at C$10.65 on Tuesday. The business’s fifty day moving average is C$9.68 and its two-hundred day moving average is C$8.87. The company has a debt-to-equity ratio of 14.33, a quick ratio of 0.38 and a current ratio of 0.40. The company has a market cap of C$2.00 billion and a price-to-earnings ratio of 4.65. Advantage Energy has a one year low of C$4.14 and a one year high of C$12.00.

Insider Buying and Selling at Advantage Energy

In related news, Director Jill Terilee Angevine bought 6,000 shares of the firm’s stock in a transaction dated Monday, July 11th. The stock was bought at an average price of C$8.80 per share, with a total value of C$52,800.00. Following the completion of the transaction, the director now directly owns 36,000 shares of the company’s stock, valued at C$316,800.

About Advantage Energy

(Get Rating)

Advantage Energy Ltd., together with its subsidiaries, acquires, exploits, develops, and produces crude oil, natural gas, and natural gas liquids in the Province of Alberta, Canada. The company focuses on the development and production of oil and natural gas resource that includes 228 net sections covering an area of 145,920 net acres of Doig/Montney rights in Glacier, Valhalla, Progress, and Pipestone/Wembley.

See Also

Analyst Recommendations for Advantage Energy (TSE:AAV)

Receive News & Ratings for Advantage Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advantage Energy and related companies with MarketBeat.com's FREE daily email newsletter.