Advantage Energy (TSE:AAV) Price Target Raised to C$15.25 at Stifel Nicolaus

Advantage Energy (TSE:AAVGet Rating) (NYSE:AAV) had its price objective upped by equities research analysts at Stifel Nicolaus from C$13.75 to C$15.25 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. Stifel Nicolaus’ target price points to a potential upside of 40.29% from the stock’s previous close.

Other analysts have also issued research reports about the stock. Cormark lifted their price target on shares of Advantage Energy from C$16.00 to C$17.00 in a research note on Tuesday. CIBC dropped their price target on shares of Advantage Energy from C$14.00 to C$12.00 in a research note on Wednesday, July 13th. National Bankshares dropped their price target on shares of Advantage Energy from C$18.00 to C$15.00 and set an “outperform” rating for the company in a research note on Monday, July 18th. BMO Capital Markets lifted their price target on shares of Advantage Energy from C$14.00 to C$15.00 in a research note on Friday, July 29th. Finally, Standpoint Research boosted their target price on shares of Advantage Energy from C$11.25 to C$12.75 and gave the company a “buy” rating in a research note on Monday, May 2nd. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$12.81.

Advantage Energy Stock Up 2.6 %

Shares of TSE:AAV opened at C$10.87 on Thursday. The company has a current ratio of 0.40, a quick ratio of 0.38 and a debt-to-equity ratio of 14.33. The company has a fifty day simple moving average of C$9.69 and a 200 day simple moving average of C$8.93. The firm has a market cap of C$2.04 billion and a PE ratio of 4.75. Advantage Energy has a 12-month low of C$4.14 and a 12-month high of C$12.00.

Insider Activity

In other news, Director Jill Terilee Angevine purchased 6,000 shares of Advantage Energy 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 acquisition, the director now owns 36,000 shares in the company, valued at approximately C$316,800.

Advantage Energy Company Profile

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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.

Further Reading

Analyst Recommendations for Advantage Energy (TSE:AAV)

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