TD Securities Trims Advantage Energy (TSE:AAV) Target Price to C$13.00

Advantage Energy (TSE:AAVFree Report) (NYSE:AAV) had its price objective cut by TD Securities from C$14.00 to C$13.00 in a report published on Tuesday morning, BayStreet.CA reports.

A number of other brokerages have also weighed in on AAV. CIBC restated a neutral rating and issued a C$12.00 price objective on shares of Advantage Energy in a report on Thursday, August 29th. Scotiabank raised their price objective on Advantage Energy from C$19.00 to C$20.00 and gave the stock an outperform rating in a report on Wednesday, June 19th. Cormark raised Advantage Energy to a moderate buy rating in a report on Monday, September 23rd. Royal Bank of Canada upped their target price on Advantage Energy from C$11.00 to C$12.00 and gave the company a sector perform rating in a research report on Wednesday, June 19th. Finally, National Bank Financial set a C$11.50 price target on Advantage Energy and gave the stock a sell rating in a research report on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus target price of C$13.21.

Check Out Our Latest Research Report on Advantage Energy

Advantage Energy Stock Performance

The company has a 50-day moving average price of C$9.40 and a two-hundred day moving average price of C$10.12. Advantage Energy has a 1-year low of C$8.02 and a 1-year high of C$11.73. The company has a debt-to-equity ratio of 46.86, a current ratio of 0.76 and a quick ratio of 0.72. The stock has a market cap of C$1.61 billion, a P/E ratio of 20.53, a PEG ratio of -3.58 and a beta of 1.48.

Advantage Energy (TSE:AAVGet Free Report) (NYSE:AAV) last posted its quarterly earnings results on Thursday, July 25th. The company reported C($0.07) EPS for the quarter, missing the consensus estimate of C($0.03) by C($0.04). The business had revenue of C$100.66 million during the quarter, compared to analyst estimates of C$108.50 million. Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. Research analysts predict that Advantage Energy will post 1.4695513 EPS for the current fiscal year.

Insider Transactions at Advantage Energy

In other Advantage Energy news, Director Jill Terilee Angevine acquired 24,000 shares of the business’s stock in a transaction on Wednesday, July 10th. The stock was purchased at an average price of C$9.91 per share, for a total transaction of C$237,919.20. In related news, Director Jill Terilee Angevine acquired 24,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 10th. The stock was purchased at an average price of C$9.91 per share, for a total transaction of C$237,919.20. Also, Director John Festival purchased 20,000 shares of Advantage Energy stock in a transaction on Monday, July 29th. The shares were acquired at an average cost of C$9.58 per share, for a total transaction of C$191,600.00. Insiders have bought a total of 69,435 shares of company stock worth $658,321 over the last ninety days. 1.53% of the stock is currently owned by company insiders.

About Advantage Energy

(Get Free Report)

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.

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