BMO Capital Markets reiterated their outperform rating on shares of Seven Generations Energy Ltd (TSE:VII) in a research note published on Monday morning. The brokerage currently has a C$27.00 price target on the stock.
A number of other brokerages also recently weighed in on VII. Scotiabank cut their price target on shares of Seven Generations Energy from C$36.00 to C$35.00 and set an outperform rating on the stock in a report on Friday, May 5th. TD Securities reissued an action list buy rating and issued a C$37.00 price target on shares of Seven Generations Energy in a report on Friday, May 5th. Royal Bank Of Canada cut their price target on shares of Seven Generations Energy from C$35.00 to C$33.00 and set an outperform rating on the stock in a report on Friday, May 5th. National Bank Financial cut their price target on shares of Seven Generations Energy from C$38.00 to C$37.00 in a report on Friday, June 23rd. Finally, Barclays PLC cut their price target on shares of Seven Generations Energy from C$36.00 to C$31.00 in a report on Monday, July 24th. Seven investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of C$32.95.
Seven Generations Energy (VII) opened at 17.56 on Monday. The company has a market capitalization of $6.22 billion and a price-to-earnings ratio of 20.90. The stock has a 50 day moving average of $20.02 and a 200 day moving average of $23.38. Seven Generations Energy has a 12 month low of $16.35 and a 12 month high of $32.90.
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In other news, Director Marty Leigh Proctor acquired 20,000 shares of the stock in a transaction that occurred on Friday, August 4th. The shares were acquired at an average cost of C$16.96 per share, for a total transaction of C$339,200.00. Also, Director William Mcadam acquired 5,800 shares of the stock in a transaction that occurred on Friday, July 7th. The stock was purchased at an average price of C$20.67 per share, for a total transaction of C$119,886.00. Insiders purchased a total of 34,530 shares of company stock worth $585,562 over the last 90 days.
Seven Generations Energy Company Profile
Seven Generations Energy Ltd., an independent energy company, focuses on the acquisition, exploration, development, and production of oil and natural gas properties in western Canada. The company holds interests in the Kakwa River project, a natural gas property covering 544,000 net acres located in the Kakwa area of northwest Alberta.
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