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 note issued to investors on Friday, Stock Target Advisor reports. They currently have a C$14.00 target price on the stock.

Several other research firms have also recently commented on AAV. CIBC lifted their price target on Advantage Energy from C$11.00 to C$12.00 and gave the company a neutral rating in a report on Wednesday, June 19th. Royal Bank of Canada increased their target price on shares of Advantage Energy from C$11.00 to C$12.00 and gave the stock a sector perform rating in a research report on Wednesday, June 19th. Cormark set a C$15.00 target price on shares of Advantage Energy and gave the stock a buy rating in a research report on Wednesday, June 19th. ATB Capital increased their target price on shares of Advantage Energy from C$13.50 to C$14.00 in a research report on Wednesday, July 10th. Finally, BMO Capital Markets reissued an outperform rating and set a C$13.00 target price on shares of Advantage Energy in a research report on Monday, April 8th. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average target price of C$13.68.

Advantage Energy Stock Down 3.9 %

AAV opened at C$9.39 on Friday. The company has a debt-to-equity ratio of 25.01, a current ratio of 0.72 and a quick ratio of 0.72. The stock has a market capitalization of C$1.51 billion, a price-to-earnings ratio of 16.77, a price-to-earnings-growth ratio of -3.58 and a beta of 1.61. The business has a 50-day moving average of C$10.56 and a two-hundred day moving average of C$10.12. Advantage Energy has a 12 month low of C$8.02 and a 12 month high of C$11.73.

Insider Buying and Selling

In other news, Director Stephen Balog acquired 5,000 shares of Advantage Energy stock in a transaction that occurred on Tuesday, June 18th. The shares were purchased at an average cost of C$10.16 per share, for a total transaction of C$50,800.00. In other news, Director Stephen Balog acquired 5,000 shares of Advantage Energy stock in a transaction that occurred on Tuesday, June 18th. The shares were purchased at an average cost of C$10.16 per share, for a total transaction of C$50,800.00. Also, Senior Officer Geoffrey Keyser bought 3,000 shares of the company’s stock in a transaction on Monday, June 17th. The stock was bought at an average cost of C$10.15 per share, for a total transaction of C$30,450.00. Insiders have bought 57,000 shares of company stock worth $563,669 over the last ninety days. 1.53% of the stock is owned by 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.