Seven Generations Energy Ltd (VII) Receives Average Recommendation of “Buy” from Analysts
Seven Generations Energy Ltd (TSE:VII) has received an average recommendation of “Buy” from the eleven research firms that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$32.95.
VII has been the topic of a number of research reports. National Bank Financial dropped their price objective on Seven Generations Energy from C$38.00 to C$37.00 in a report on Friday, June 23rd. CSFB increased their price objective on Seven Generations Energy from C$32.00 to C$34.00 in a report on Friday, July 7th. Royal Bank Of Canada dropped their price objective on Seven Generations Energy from C$33.00 to C$28.00 in a report on Thursday, July 20th. Barclays PLC dropped their price objective on Seven Generations Energy from C$36.00 to C$31.00 in a report on Monday, July 24th. Finally, TD Securities downgraded Seven Generations Energy from an “action list buy” rating to a “buy” rating and dropped their price objective for the stock from C$29.00 to C$26.00 in a report on Friday, August 4th.
Seven Generations Energy (TSE:VII) opened at 18.35 on Friday. The firm’s 50-day moving average is $18.47 and its 200-day moving average is $22.49. Seven Generations Energy has a 12 month low of $16.35 and a 12 month high of $32.90. The firm has a market capitalization of $6.50 billion and a PE ratio of 21.85.
In other Seven Generations Energy news, insider Susan Elizabeth Mabel Targett sold 20,000 shares of the stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of C$22.00, for a total transaction of C$440,000.00. Also, Director William Mcadam purchased 7,330 shares of the stock in a transaction on Monday, August 14th. The shares were bought at an average price of C$14.00 per share, for a total transaction of C$102,620.00. In the last quarter, insiders have acquired 36,240 shares of company stock worth $618,156.
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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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