Seven Generations Energy Ltd (TSE:VII)‘s stock had its “outperform” rating reaffirmed by stock analysts at BMO Capital Markets in a note issued to investors on Thursday, September 14th. They presently have a C$27.00 price objective on the stock. BMO Capital Markets’ price objective indicates a potential upside of 35.00% from the company’s current price.
Several other research firms have also weighed in on VII. Royal Bank Of Canada reduced their target price on shares of Seven Generations Energy from C$33.00 to C$28.00 in a report on Thursday, July 20th. CSFB boosted their price objective on shares of Seven Generations Energy from C$32.00 to C$34.00 in a report on Friday, July 7th. Barclays PLC cut their price objective on shares of Seven Generations Energy from C$36.00 to C$31.00 in a report on Monday, July 24th. National Bank Financial dropped their target price on shares of Seven Generations Energy from C$38.00 to C$37.00 in a research report on Friday, June 23rd. Finally, TD Securities downgraded shares of Seven Generations Energy from an “action list buy” rating to a “buy” rating and dropped their target price for the stock from C$29.00 to C$26.00 in a research report on Friday, August 4th. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of C$32.04.
Shares of Seven Generations Energy (TSE:VII) opened at 20.00 on Thursday. The stock has a market cap of $7.09 billion and a PE ratio of 23.81. Seven Generations Energy has a 52-week low of $16.35 and a 52-week high of $32.90. The company’s 50-day moving average price is $18.24 and its 200-day moving average price is $22.35.
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In other news, Director William Mcadam purchased 7,330 shares of the business’s stock in a transaction dated Monday, August 14th. The shares were acquired at an average price of C$14.00 per share, for a total transaction of C$102,620.00. Also, insider Canada Pension Plan Investment acquired 1,460 shares of the company’s stock in a transaction on Friday, September 1st. The stock was bought at an average price of C$19.22 per share, for a total transaction of C$28,061.20. Over the last three months, insiders have purchased 36,240 shares of company stock valued at $618,156.
Seven Generations Energy Company Profile
Seven Generations Energy Ltd. is a Canada-based natural gas developer. The Company focuses on exploration, development and production of oil and natural gas properties in western Canada. The Company focuses on the acquisition, development and value optimization of tight and shale hydrocarbon resource plays.
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