Advantage Energy (TSE:AAV) PT Lowered to C$13.00

Advantage Energy (TSE:AAVGet Free Report) (NYSE:AAV) had its price objective lowered by analysts at Stifel Nicolaus from C$14.50 to C$13.00 in a report released on Monday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ target price indicates a potential upside of 52.58% from the company’s current price.

Other equities analysts have also issued reports about the stock. BMO Capital Markets lifted their target price on shares of Advantage Energy from C$10.00 to C$11.00 in a report on Monday, October 16th. Atb Cap Markets reissued an “outperform” rating on shares of Advantage Energy in a report on Thursday, October 19th. National Bankshares boosted their price target on shares of Advantage Energy from C$11.00 to C$12.00 and gave the stock an “outperform” rating in a report on Friday, December 1st. Raymond James cut their price target on shares of Advantage Energy from C$13.00 to C$11.00 and set an “outperform” rating for the company in a report on Friday, January 19th. Finally, Desjardins cut their price target on shares of Advantage Energy from C$13.25 to C$13.00 and set a “buy” rating for the company in a report on Tuesday, January 23rd. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$12.18.

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Advantage Energy Price Performance

TSE:AAV opened at C$8.52 on Monday. The company has a debt-to-equity ratio of 23.51, a current ratio of 1.21 and a quick ratio of 0.72. The firm has a market cap of C$1.41 billion, a price-to-earnings ratio of 8.97, a price-to-earnings-growth ratio of -3.58 and a beta of 1.56. The company has a 50 day moving average price of C$8.71 and a 200-day moving average price of C$9.26. Advantage Energy has a 1-year low of C$6.79 and a 1-year high of C$10.50.

About Advantage Energy

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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.

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