Advantage Energy’s (AAV) “Buy” Rating Reiterated at TD Securities

TD Securities reaffirmed their buy rating on shares of Advantage Energy (TSE:AAV) (NYSE:AAV) in a report published on Friday morning, Stock Target Advisor reports. The brokerage currently has a C$14.00 price objective on the stock.

Several other analysts have also recently weighed in on AAV. Scotiabank raised their target price on shares of 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. CIBC raised their target price on shares of Advantage Energy from C$10.50 to C$11.00 and gave the company a neutral rating in a report on Monday, April 22nd. BMO Capital Markets reaffirmed an outperform rating and issued a C$13.00 target price on shares of Advantage Energy in a report on Monday, April 8th. Desjardins reduced their target price on shares of Advantage Energy from C$13.25 to C$13.00 and set a buy rating on the stock in a report on Tuesday, January 23rd. Finally, Stifel Nicolaus dropped their price target on shares of Advantage Energy from C$14.50 to C$13.00 and set a buy rating on the stock in a research note on Monday, February 5th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of Moderate Buy and a consensus target price of C$12.68.

Advantage Energy Stock Up 1.0 %

Shares of AAV opened at C$10.84 on Friday. The stock has a market capitalization of C$1.73 billion, a PE ratio of 18.37, a P/E/G 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$11.14. The company has a debt-to-equity ratio of 22.74, a quick ratio of 0.72 and a current ratio of 1.25. The company’s 50-day simple moving average is C$10.06 and its 200-day simple moving average is C$9.49.

Advantage Energy (TSE:AAV) (NYSE:AAV) last issued its quarterly earnings results on Thursday, April 25th. The company reported C$0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.11 by C$0.03. The business had revenue of C$139.38 million for the quarter, compared to analysts’ expectations of C$132.00 million. Advantage Energy had a net margin of 19.94% and a return on equity of 6.43%. Analysts forecast that Advantage Energy will post 0.5298117 earnings per share for the current fiscal year.

Insider Transactions at Advantage Energy

In other Advantage Energy news, Director John Larry Festival bought 40,000 shares of the stock in a transaction dated Tuesday, March 19th. The shares were acquired at an average cost 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.