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 report published on Friday, Stock Target Advisor reports.

Several other equities analysts have also recently weighed in on the stock. CIBC reaffirmed a neutral rating and set a C$12.00 target price on shares of Advantage Energy in a research note on Thursday, August 29th. ATB Capital boosted their target price on Advantage Energy from C$13.50 to C$14.00 in a research report on Wednesday, July 10th. National Bankshares reduced their price objective on Advantage Energy from C$13.00 to C$11.50 in a research note on Friday. Cormark raised Advantage Energy to a moderate buy rating in a report on Monday, September 23rd. Finally, Scotiabank raised their target price on shares of Advantage Energy from C$19.00 to C$20.00 and gave the company an outperform rating in a report on Wednesday, June 19th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Advantage Energy has a consensus rating of Moderate Buy and a consensus target price of C$13.38.

Advantage Energy Trading Up 4.2 %

Shares of AAV stock opened at C$9.21 on Friday. Advantage Energy has a 1 year low of C$8.02 and a 1 year high of C$11.73. The firm has a fifty day moving average price of C$9.44 and a 200-day moving average price of C$10.13. The company has a market cap of C$1.54 billion, a price-to-earnings ratio of 19.60, a PEG ratio of -3.58 and a beta of 1.48. The company has a debt-to-equity ratio of 46.86, a current ratio of 0.76 and a quick ratio of 0.72.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its quarterly earnings data on Thursday, July 25th. The company reported C($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.04). The firm had revenue of C$100.66 million during the quarter, compared to analysts’ expectations of C$108.50 million. Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. As a group, equities analysts predict that Advantage Energy will post 1.4695513 earnings per share for the current year.

Insider Activity

In related news, Director John Festival bought 20,000 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were acquired at an average price of C$8.94 per share, for a total transaction of C$178,800.00. In other news, Director John Festival bought 20,000 shares of Advantage Energy stock in a transaction on Friday, September 27th. The shares were bought at an average cost of C$8.94 per share, with a total value of C$178,800.00. Also, Director Jill Terilee Angevine purchased 24,000 shares of the company’s stock in a transaction dated Wednesday, July 10th. The stock was purchased at an average cost of C$9.91 per share, with a total value of C$237,919.20. Insiders have acquired 69,435 shares of company stock worth $658,321 in the last quarter. 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.