Advantage Energy (TSE:AAV) Given Buy Rating at TD Securities

TD Securities reiterated their buy rating on shares of Advantage Energy (TSE:AAV) (NYSE:AAV) in a research report sent to investors on Friday, Stock Target Advisor reports. TD Securities currently has a C$14.00 price objective on the stock.

Several other research firms have also recently weighed in on AAV. Royal Bank of Canada increased their target price on shares of Advantage Energy from C$10.00 to C$11.00 and gave the company a sector perform rating in a research note on Tuesday, March 5th. BMO Capital Markets restated an outperform rating and set a C$13.00 price target on shares of Advantage Energy in a research note on Monday, April 8th. 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 research note on Tuesday, January 23rd. Scotiabank raised their price target on shares of Advantage Energy from C$16.00 to C$17.00 and gave the stock a sector perform rating in a research note on Tuesday, March 5th. Finally, National Bankshares raised their price target on shares of Advantage Energy from C$12.00 to C$12.50 and gave the stock an outperform rating in a research note on Friday, April 19th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average target price of C$12.68.

Advantage Energy Stock Up 1.0 %

TSE AAV opened at C$10.84 on Friday. 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 firm has a 50-day simple moving average of C$10.06 and a 200 day simple moving average of C$9.49. Advantage Energy has a twelve month low of C$6.79 and a twelve month high of C$11.14. The stock has a market cap of C$1.73 billion, a PE ratio of 18.37, a PEG ratio of -3.58 and a beta of 1.65.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its 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. Advantage Energy had a net margin of 19.94% and a return on equity of 6.43%. The business had revenue of C$139.38 million during the quarter, compared to analysts’ expectations of C$132.00 million. On average, research analysts forecast that Advantage Energy will post 0.5298117 EPS for the current year.

Insider Activity

In other news, Director John Larry Festival purchased 40,000 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The stock was bought at an average price of C$9.95 per share, with a total value of C$398,000.00. 1.27% of the stock is owned by company insiders.

Advantage Energy Company Profile

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.