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

Advantage Energy (TSE:AAV) (NYSE:AAV) was upgraded by research analysts at National Bankshares from a “sector perform” rating to an “outperform” rating in a report released 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 objective would suggest a potential upside of 62.16% from the stock’s previous close.

Several other research analysts have also weighed in on AAV. CIBC increased their target price on Advantage Energy from C$11.00 to C$11.50 in a research report on Friday, January 17th. National Bank Financial raised Advantage Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 20th. TD Securities reaffirmed a “buy” rating and issued a C$13.00 target price on shares of Advantage Energy in a research report on Wednesday, October 9th. Finally, BMO Capital Markets raised their price objective on Advantage Energy from C$12.00 to C$13.00 in a research report on Tuesday, January 14th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Advantage Energy currently has an average rating of “Moderate Buy” and a consensus price target of C$13.77.

Advantage Energy Trading Up 0.3 %

Shares of AAV stock traded up C$0.03 during mid-day trading on Thursday, hitting C$9.25. 74,395 shares of the company’s stock were exchanged, compared to its average volume of 448,023. Advantage Energy has a fifty-two week low of C$8.27 and a fifty-two week high of C$11.73. The stock has a 50-day simple moving average of C$9.40 and a two-hundred day simple moving average of C$9.38. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 46.86. The stock has a market cap of C$1.54 billion, a price-to-earnings ratio of 19.68, a PEG ratio of -3.58 and a beta of 1.46.

Insider Buying and Selling at Advantage Energy

In other Advantage Energy news, Senior Officer Darren Tisdale acquired 3,000 shares of Advantage Energy stock in a transaction dated Friday, November 15th. The stock was acquired at an average cost of C$8.85 per share, for a total transaction of C$26,550.00. Also, Director David Glenson Smith acquired 20,000 shares of Advantage Energy stock in a transaction dated Wednesday, November 6th. The shares were acquired at an average price of C$8.81 per share, with a total value of C$176,160.00. Insiders purchased a total of 25,047 shares of company stock worth $220,732 over the last ninety days. Company insiders own 1.55% of the company’s stock.

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.