Seven Generations Energy (TSE:VII) had its target price cut by research analysts at National Bank Financial from C$27.00 to C$22.00 in a research note issued on Friday, November 17th. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price objective suggests a potential upside of 23.60% from the stock’s current price. National Bank Financial also issued estimates for Seven Generations Energy’s FY2018 earnings at $0.82 EPS.
Several other brokerages have also recently issued reports on VII. Royal Bank Of Canada decreased their price target on Seven Generations Energy from C$33.00 to C$28.00 in a research note on Thursday, July 20th. Barclays decreased their price target on Seven Generations Energy from C$36.00 to C$31.00 in a research note on Monday, July 24th. Eight Capital reissued a “neutral” rating and set a C$22.00 target price on shares of Seven Generations Energy in a research note on Wednesday, September 27th. BMO Capital Markets reissued an “outperform” rating and set a C$27.00 target price on shares of Seven Generations Energy in a research note on Thursday, September 14th. Finally, TD Securities lowered Seven Generations Energy from an “action list buy” rating to a “buy” rating and decreased their target price for the stock from C$29.00 to C$26.00 in a research note on Friday, August 4th. 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 stock. The stock has an average rating of “Buy” and a consensus price target of C$27.82.
Shares of Seven Generations Energy (TSE VII) traded down C$0.36 during trading hours on Friday, reaching C$17.80. The company’s stock had a trading volume of 539,997 shares, compared to its average volume of 965,838. Seven Generations Energy has a 12 month low of C$16.06 and a 12 month high of C$32.90.
In other Seven Generations Energy news, insider Canada Pension Plan Investment purchased 250,000 shares of Seven Generations Energy stock in a transaction dated Thursday, November 30th. The stock was acquired at an average cost of C$17.50 per share, with a total value of C$4,375,000.00. Also, insider Jordan Johnsen sold 9,000 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of C$18.10, for a total value of C$162,900.00. Insiders have purchased a total of 4,826,459 shares of company stock worth $92,663,902 in the last 90 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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