Advantage Energy (TSE:AAV) Raised to “Outperform” at National Bankshares

Advantage Energy (TSE:AAV) (NYSE:AAV) was upgraded by investment analysts at National Bankshares from a “sector perform” rating to an “outperform” rating in a research note issued on Thursday,BayStreet.CA reports. The firm currently has a C$15.00 target price on the stock, up from their prior target price of C$11.50. National Bankshares’ price target indicates a potential upside of 62.51% from the company’s previous close.

AAV has been the subject of several other reports. TD Securities restated a “buy” rating and set a C$13.00 price objective on shares of Advantage Energy in a research report on Wednesday, October 9th. CIBC lifted their price target on Advantage Energy from C$11.00 to C$11.50 in a report on Friday, January 17th. National Bank Financial raised Advantage Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, January 20th. Finally, BMO Capital Markets lifted their target price on Advantage Energy from C$12.00 to C$13.00 in a report on Tuesday, January 14th. Two 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 company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$13.77.

Advantage Energy Stock Down 0.1 %

AAV opened at C$9.23 on Thursday. The stock has a market cap of C$1.54 billion, a PE ratio of 19.64, a price-to-earnings-growth ratio of -3.58 and a beta of 1.46. The company has a current ratio of 0.76, a quick ratio of 0.72 and a debt-to-equity ratio of 46.86. The stock’s fifty day simple moving average is C$9.39 and its 200 day simple moving average is C$9.37. Advantage Energy has a 1-year low of C$8.27 and a 1-year high of C$11.73.

Insider Buying and Selling

In other Advantage Energy news, Senior Officer Geoffrey Keyser bought 3,000 shares of Advantage Energy stock in a transaction on Wednesday, January 29th. The shares were purchased at an average cost of C$9.10 per share, with a total value of C$27,300.00. Also, Director David Glenson Smith bought 20,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were bought at an average cost of C$8.81 per share, with a total value of C$176,160.00. Insiders bought 28,047 shares of company stock valued at $248,032 over the last quarter. 1.55% of the stock is owned by company 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.