Seven Generations Energy Ltd (VII) PT Raised to C$35.00 at CIBC
Seven Generations Energy Ltd (TSE:VII) had its target price boosted by research analysts at CIBC from C$31.00 to C$35.00 in a research report issued to clients and investors on Wednesday. CIBC’s price objective indicates a potential upside of 10.31% from the company’s previous close.
A number of other analysts also recently issued reports on the stock. Barclays PLC lifted their price objective on shares of Seven Generations Energy from C$36.00 to C$40.00 in a report on Tuesday, October 11th. Scotiabank restated an “outperform” rating and set a C$36.00 target price on shares of Seven Generations Energy in a report on Friday, October 7th. RBC Capital Markets boosted their target price on shares of Seven Generations Energy from C$35.00 to C$37.00 and gave the stock an “outperform” rating in a report on Thursday, October 6th. Royal Bank Of Canada boosted their target price on shares of Seven Generations Energy from C$35.00 to C$37.00 and gave the stock an “outperform” rating in a report on Thursday, October 6th. Finally, Raymond James Financial Inc. boosted their target price on shares of Seven Generations Energy from C$37.00 to C$39.50 in a report on Tuesday, September 20th. Ten analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of C$33.95.
Seven Generations Energy (TSE:VII) traded up 0.09% during mid-day trading on Wednesday, hitting $31.73. 614,957 shares of the company traded hands. The company’s 50-day moving average is $31.06 and its 200-day moving average is $26.87. The stock’s market capitalization is $8.85 billion. Seven Generations Energy has a one year low of $11.84 and a one year high of $32.45.
In other news, insider Barry John Hucik sold 287,000 shares of the business’s stock in a transaction dated Thursday, October 6th. The shares were sold at an average price of C$31.03, for a total value of C$8,905,610.00.
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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