Advantage Energy (TSE:AAV) Rating Increased to Outperform at National Bank Financial

National Bank Financial upgraded shares of Advantage Energy (TSE:AAV) (NYSE:AAV) from a sector perform rating to an outperform rating in a research report sent to investors on Friday morning,BayStreet.CA reports. The brokerage currently has C$15.00 target price on the stock, up from their previous target price of C$14.00.

AAV has been the subject of a number of other research reports. ATB Cormark Capital Markets decreased their price objective on shares of Advantage Energy from C$15.00 to C$14.00 and set an “outperform” rating for the company in a report on Friday. Natl Bk Canada downgraded shares of Advantage Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 26th. Desjardins lifted their price target on shares of Advantage Energy from C$14.50 to C$15.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Raymond James Financial upgraded Advantage Energy from a “hold” rating to a “moderate buy” rating and boosted their price target for the company from C$13.00 to C$15.00 in a report on Tuesday, December 9th. Finally, Royal Bank Of Canada increased their price objective on Advantage Energy from C$12.00 to C$14.00 and gave the stock a “sector perform” rating in a research note on Thursday, December 11th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$14.14.

Advantage Energy Price Performance

Shares of AAV stock opened at C$10.78 on Friday. The stock has a 50 day moving average price of C$11.36 and a 200 day moving average price of C$11.43. Advantage Energy has a 52-week low of C$7.81 and a 52-week high of C$13.20. The company has a debt-to-equity ratio of 41.40, a quick ratio of 0.72 and a current ratio of 0.75. The firm has a market capitalization of C$1.80 billion, a P/E ratio of 30.80, a P/E/G ratio of -3.58 and a beta of -0.04.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its quarterly earnings data on Tuesday, October 28th. The company reported C$0.00 EPS for the quarter. Advantage Energy had a return on equity of 2.87% and a net margin of 8.98%.The company had revenue of C$137.96 million for the quarter. As a group, sell-side analysts predict that Advantage Energy will post 1.4701493 earnings per share for the current year.

About Advantage Energy

Advantage Energy Ltd supplies clean, affordable, reliable, and sustainable Canadian energy to power the needs of Canada and the world. It is focused on the development and delineation of its Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla, and Progress, Alberta.