Seven Generations Energy Ltd (TSE:VII) – Equities research analysts at Cormark upped their FY2017 earnings estimates for Seven Generations Energy in a report released on Monday. Cormark analyst A. Arif now expects that the brokerage will post earnings per share of $0.82 for the year, up from their previous estimate of $0.80. Cormark also issued estimates for Seven Generations Energy’s Q4 2017 earnings at $0.29 EPS.

Other research analysts have also issued research reports about the stock. FirstEnergy Capital raised their price target on shares of Seven Generations Energy from C$20.00 to C$36.00 in a report on Saturday, August 6th. AltaCorp Capital raised their price target on shares of Seven Generations Energy from C$26.00 to C$34.00 in a report on Tuesday, July 26th. Barclays PLC raised their price target on shares of Seven Generations Energy from C$30.00 to C$36.00 in a report on Friday, July 22nd. CIBC raised their price target on shares of Seven Generations Energy from C$25.00 to C$31.00 in a report on Wednesday, July 27th. Finally, National Bank Financial cut their price target on shares of Seven Generations Energy from C$35.00 to C$33.00 in a report on Wednesday, August 3rd. Ten equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of C$33.08.

Earnings History and Estimates for Seven Generations Energy (TSE:VII)

Shares of Seven Generations Energy (TSE:VII) traded up 0.67% on Wednesday, hitting $31.45. 46,978 shares of the stock traded hands. The firm’s market cap is $8.78 billion. Seven Generations Energy has a 12-month low of $11.84 and a 12-month high of $32.18. The firm’s 50-day moving average is $30.51 and its 200 day moving average is $26.12.

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 high quality tight and shale hydrocarbon plays.

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