Advantage Energy (TSE:AAV) Stock Rating Upgraded by National Bank Financial

Advantage Energy (TSE:AAV) (NYSE:AAV) was upgraded by equities research analysts at National Bank Financial from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

AAV has been the topic of several other research reports. Cormark upgraded Advantage Energy to a “moderate buy” rating in a report on Monday, September 23rd. BMO Capital Markets increased their price target on shares of Advantage Energy from C$12.00 to C$13.00 in a research note on Tuesday, January 14th. TD Securities reissued a “buy” rating and issued a C$13.00 price objective on shares of Advantage Energy in a report on Wednesday, October 9th. CIBC boosted their price objective on shares of Advantage Energy from C$11.00 to C$11.50 in a research note on Friday, January 17th. Finally, National Bankshares raised Advantage Energy from a “sector perform” rating to an “outperform” rating and raised their target price for the company from C$11.50 to C$15.00 in a report on Tuesday. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$13.77.

Advantage Energy Stock Performance

TSE AAV opened at C$10.12 on Monday. The firm has a market capitalization of C$1.69 billion, a P/E ratio of 21.53, a PEG ratio of -3.58 and a beta of 1.46. Advantage Energy has a fifty-two week low of C$8.24 and a fifty-two week high of C$11.73. The stock has a 50-day simple moving average of C$9.28 and a two-hundred day simple moving average of C$9.42. The company has a debt-to-equity ratio of 46.86, a quick ratio of 0.72 and a current ratio of 0.76.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its earnings results on Thursday, October 24th. The company reported C($0.04) EPS for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.07). The firm had revenue of C$144.86 million for the quarter, compared to analyst estimates of C$161.10 million. Advantage Energy had a net margin of 16.05% and a return on equity of 5.02%. On average, equities analysts forecast that Advantage Energy will post 1.4701493 earnings per share for the current year.

Insiders Place Their Bets

In other Advantage Energy news, Senior Officer Darren Tisdale bought 3,000 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were acquired at an average price of C$8.85 per share, with a total value of C$26,550.00. Also, Director John Festival acquired 20,000 shares of the company’s stock in a transaction dated Monday, October 28th. The shares were purchased at an average cost of C$8.80 per share, with a total value of C$176,000.00. Insiders acquired 54,047 shares of company stock valued at $476,272 over the last ninety days. Corporate insiders own 1.55% 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.