Advantage Energy (TSE:AAV) Earns Buy Rating from TD Securities

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

Several other equities analysts have also commented on the company. ATB Capital raised their price objective on Advantage Energy from C$13.50 to C$14.00 in a research report on Wednesday, July 10th. Scotiabank raised their price objective on Advantage Energy from C$19.00 to C$20.00 and gave the company an outperform rating in a research report on Wednesday, June 19th. Desjardins lifted their price target on Advantage Energy from C$13.00 to C$13.50 and gave the stock a buy rating in a research report on Monday, April 29th. National Bankshares upped their price target on shares of Advantage Energy from C$12.50 to C$13.00 and gave the stock an outperform rating in a research note on Wednesday, June 19th. Finally, Cormark set a C$15.00 price target on shares of Advantage Energy and gave the stock a buy rating in a research note on Wednesday, June 19th. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of Moderate Buy and an average target price of C$13.68.

Advantage Energy Stock Performance

TSE:AAV opened at C$9.77 on Friday. The stock has a market cap of C$1.57 billion, a P/E ratio of 17.45, a price-to-earnings-growth ratio of -3.58 and a beta of 1.61. The firm’s fifty day simple moving average is C$10.59 and its 200 day simple moving average is C$10.12. Advantage Energy has a twelve month low of C$8.02 and a twelve month high of C$11.73. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 25.01.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its quarterly earnings results on Thursday, April 25th. The company reported C$0.14 earnings per share for the quarter, beating 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 18.74% and a return on equity of 6.06%. As a group, research analysts predict that Advantage Energy will post 0.5729702 EPS for the current year.

Insider Buying and Selling

In other news, Director Jill Terilee Angevine bought 24,000 shares of Advantage Energy stock in a transaction that occurred on Wednesday, July 10th. The stock was bought at an average cost of C$9.91 per share, with a total value of C$237,919.20. In related news, Director Jill Terilee Angevine acquired 24,000 shares of the business’s stock in a transaction on Wednesday, July 10th. The stock was acquired at an average cost of C$9.91 per share, with a total value of C$237,919.20. Also, Director Donald M. Clague acquired 5,000 shares of the business’s stock in a transaction on Thursday, June 13th. The shares were bought at an average cost of C$10.58 per share, with a total value of C$52,900.00. In the last ninety days, insiders bought 37,000 shares of company stock valued at $372,069. 1.53% of the stock is owned by corporate insiders.

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.