Advantage Energy (TSE:AAV) Given a C$11.50 Price Target by National Bank Financial Analysts

National Bank Financial set a C$11.50 price objective on Advantage Energy (TSE:AAV) (NYSE:AAV) in a research report sent to investors on Friday morning, Stock Target Advisor reports.

Other equities analysts have also issued research reports about the company. Scotiabank increased their price target 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. Royal Bank of Canada increased their price target 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. Cormark raised Advantage Energy to a moderate buy rating in a research note on Monday, September 23rd. CIBC reissued a neutral rating and issued a C$12.00 price objective on shares of Advantage Energy in a research note on Thursday, August 29th. Finally, National Bankshares reduced their price objective on Advantage Energy from C$13.00 to C$11.50 in a research note on Friday. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Advantage Energy currently has an average rating of Moderate Buy and an average target price of C$13.38.

Advantage Energy Trading Up 4.2 %

Shares of AAV stock opened at C$9.21 on Friday. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 46.86. Advantage Energy has a fifty-two week low of C$8.02 and a fifty-two week high of C$11.73. The stock has a market capitalization of C$1.54 billion, a P/E ratio of 19.60, a P/E/G ratio of -3.58 and a beta of 1.48. The stock has a 50-day simple moving average of C$9.45 and a 200 day simple moving average of C$10.14.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its quarterly earnings results on Thursday, July 25th. The company reported C($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.04). Advantage Energy had a net margin of 16.05% and a return on equity of 5.02%. The company had revenue of C$100.66 million during the quarter, compared to analyst estimates of C$108.50 million. On average, sell-side analysts expect that Advantage Energy will post 1.4695513 earnings per share for the current fiscal year.

Insider Transactions at Advantage Energy

In other news, Director John Festival purchased 20,000 shares of the business’s stock in a transaction dated Monday, July 29th. The stock was bought at an average cost of C$9.58 per share, with a total value of C$191,600.00. In related news, Director John Festival acquired 20,000 shares of the business’s stock in a transaction that occurred on Monday, July 29th. The shares were acquired at an average cost of C$9.58 per share, with a total value of C$191,600.00. Also, Director Jill Terilee Angevine acquired 24,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 10th. The stock was bought at an average cost of C$9.91 per share, for a total transaction of C$237,919.20. Insiders bought 69,435 shares of company stock valued at $658,321 in the last three months. Corporate insiders own 1.53% 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.