Seven Generations Energy (TSE:VII) had its target price upped by equities researchers at National Bank Financial from C$22.00 to C$27.00 in a report issued on Tuesday, January 9th. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price objective would suggest a potential upside of 45.16% from the company’s current price.
Other equities research analysts have also issued reports about the stock. Barclays dropped their target price on shares of Seven Generations Energy from C$25.00 to C$24.00 in a research report on Friday, November 17th. TD Securities lowered their price objective on shares of Seven Generations Energy from C$27.00 to C$25.00 and set a “buy” rating for the company in a report on Friday, November 17th. Scotiabank lowered their price objective on shares of Seven Generations Energy from C$27.00 to C$22.00 and set an “outperform” rating for the company in a report on Friday, November 17th. Eight Capital decreased their target price on shares of Seven Generations Energy from C$22.00 to C$20.50 in a research note on Friday, November 17th. Finally, CSFB decreased their target price on shares of Seven Generations Energy from C$28.00 to C$27.00 in a research note on Friday, November 17th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Seven Generations Energy presently has an average rating of “Buy” and a consensus target price of C$24.17.
Shares of Seven Generations Energy (TSE:VII) opened at C$18.60 on Tuesday. Seven Generations Energy has a 1-year low of C$16.06 and a 1-year high of C$27.74. The stock has a market cap of $6,600.00, a PE ratio of 18.42 and a beta of 0.99.
Seven Generations Energy (TSE:VII) last posted its earnings results on Thursday, November 2nd. The company reported C$0.24 earnings per share for the quarter, topping the consensus estimate of C$0.15 by C$0.09. Seven Generations Energy had a net margin of 16.64% and a return on equity of 7.98%.
In related news, insider Jordan Johnsen sold 9,000 shares of the company’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of C$18.10, for a total value of C$162,900.00. Also, insider Canada Pension Plan Investment purchased 1,258,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 22nd. The stock was purchased at an average price of C$16.99 per share, for a total transaction of C$21,373,420.00. Insiders bought a total of 1,530,900 shares of company stock worth $26,095,085 over the last ninety days.
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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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