Advantage Energy (TSE:AAV) Cut to “Sector Perform” at National Bankshares

National Bankshares cut shares of Advantage Energy (TSE:AAV) (NYSE:AAV) from an outperform rating to a sector perform rating in a report published on Wednesday,BayStreet.CA reports. The firm currently has C$14.00 price target on the stock, down from their previous price target of C$14.50.

Separately, Royal Bank Of Canada increased their price objective on Advantage Energy from C$11.00 to C$12.00 and gave the company a “sector perform” rating in a research report on Monday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$12.86.

Advantage Energy Price Performance

Shares of TSE:AAV opened at C$11.40 on Wednesday. The business has a fifty day moving average price of C$11.33 and a 200-day moving average price of C$11.04. The company has a debt-to-equity ratio of 41.40, a current ratio of 0.75 and a quick ratio of 0.72. The company has a market capitalization of C$1.90 billion, a PE ratio of 35.63, a PEG ratio of -3.58 and a beta of 0.18. Advantage Energy has a 1-year low of C$7.81 and a 1-year high of C$12.75.

Advantage Energy Company Profile

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.