Seven Generations Energy Ltd (TSE:VII) had its target price reduced by analysts at National Bank Financial from C$28.00 to C$27.00 in a research note issued to investors on Friday, November 3rd. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price would indicate a potential upside of 39.68% from the stock’s current price.
A number of other research analysts have also recently weighed in on VII. Royal Bank Of Canada reduced their target price on Seven Generations Energy from C$33.00 to C$28.00 in a report on Thursday, July 20th. Barclays PLC dropped their target price on Seven Generations Energy from C$25.00 to C$24.00 in a research report on Monday, October 30th. BMO Capital Markets reaffirmed an “outperform” rating and set a C$27.00 target price on shares of Seven Generations Energy in a research report on Thursday, September 14th. Eight Capital reissued a “neutral” rating and issued a C$22.00 price objective on shares of Seven Generations Energy in a report on Wednesday, September 27th. Finally, CSFB boosted their price objective on Seven Generations Energy from C$32.00 to C$34.00 in a report on Friday, July 7th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of C$30.86.
Seven Generations Energy (TSE VII) opened at C$19.33 on Friday. Seven Generations Energy has a 1 year low of C$16.36 and a 1 year high of C$32.90.
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In other news, insider Canada Pension Plan Investment purchased 303,900 shares of the firm’s stock in a transaction on Wednesday, October 4th. The stock was bought at an average cost of C$20.23 per share, for a total transaction of C$6,147,897.00. Insiders have acquired 3,297,269 shares of company stock valued at $66,601,411 over the last 90 days.
About Seven Generations Energy
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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