Seven Generations Energy Ltd (TSE:VII)‘s stock had its “outperform” rating reaffirmed by analysts at BMO Capital Markets in a research note issued to investors on Thursday, September 14th. They presently have a C$27.00 price objective on the stock. BMO Capital Markets’ price target would indicate a potential upside of 36.78% from the company’s previous close.
Several other research analysts also recently issued reports on VII. Royal Bank Of Canada reduced their price target on shares of Seven Generations Energy from C$28.00 to C$23.00 and set an “outperform” rating on the stock in a research report on Friday, August 4th. Barclays PLC cut their target price on shares of Seven Generations Energy from C$29.75 to C$25.00 in a research report on Friday, August 4th. TD Securities downgraded shares of Seven Generations Energy from an “action list buy” rating to a “buy” rating and cut their target price for the company from C$29.00 to C$26.00 in a research report on Friday, August 4th. National Bank Financial cut 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, CSFB upped their target price on shares of Seven Generations Energy from C$32.00 to C$34.00 in a research report on Friday, July 7th. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of C$32.04.
Shares of Seven Generations Energy (VII) traded down 1.30% during midday trading on Thursday, reaching $19.74. 1,070,590 shares of the company were exchanged. Seven Generations Energy has a 52-week low of $16.35 and a 52-week high of $32.90. The company has a market capitalization of $7.00 billion and a PE ratio of 23.50. The stock’s 50-day moving average price is $18.24 and its 200-day moving average price is $22.35.
COPYRIGHT VIOLATION WARNING: “Seven Generations Energy’s (VII) Outperform Rating Reiterated at BMO Capital Markets” was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this article on another site, it was copied illegally and republished in violation of international trademark & copyright law. The original version of this article can be accessed at https://www.dispatchtribunal.com/2017/10/01/bmo-capital-markets-reiterates-outperform-rating-for-seven-generations-energy-ltd-vii.html.
In other Seven Generations Energy news, Director William Mcadam purchased 7,330 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was bought at an average cost of C$14.00 per share, with a total value of C$102,620.00. Also, insider Canada Pension Plan Investment purchased 1,460 shares of the firm’s stock in a transaction dated Friday, September 1st. The shares were acquired at an average cost of C$19.22 per share, with a total value 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.
Receive News & Ratings for Seven Generations Energy Ltd Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Seven Generations Energy Ltd and related companies with MarketBeat.com’s FREE daily email newsletter.