Advantage Energy (TSE:AAV) PT Raised to C$12.00 at TD Securities

Advantage Energy is a Canadian-based company that operates in the oil and gas industry. The company's primary focus is on the exploration, development, and production of natural gas assets in Western Canada.

On August 12th, TD Securities, a leading financial services provider, raised its price target for Advantage Energy from C$9.00 to C$12.00 per share. This increase reflects the company's strong financial performance and growth prospects.

Advantage Energy has recently reported strong financial results for the second quarter of 2021. The company's net income for the period was C$3.9 million, which represents a significant improvement over the same period last year. Additionally, the company's production increased by 16% compared to the previous quarter, driven by the successful completion of several new wells.

The company's growth prospects are also strong. Advantage Energy has a large and diverse portfolio of natural gas assets, which provides significant upside potential for future growth. The company is also actively pursuing new opportunities through its exploration and development activities.

Overall, the raise in price target by TD Securities reflects the company's strong financial performance and growth prospects, making it an attractive investment opportunity for those looking to gain exposure to the oil and gas industry.