Seven Generations Energy (TSE:VII) Price Target Cut to C$21.00 by Analysts at Royal Bank Of Canada

Seven Generations Energy (TSE:VII) had its price target lowered by Royal Bank Of Canada from C$22.00 to C$21.00 in a research report released on Friday, November 17th. The brokerage currently has an outperform rating on the stock.

Several other analysts have also recently commented on VII. Barclays reduced their target price on shares of Seven Generations Energy from C$36.00 to C$31.00 in a research note on Monday, July 24th. TD Securities downgraded shares of Seven Generations Energy from an action list buy rating to a buy rating and dropped their target price for the company from C$29.00 to C$26.00 in a report on Friday, August 4th. BMO Capital Markets restated an outperform rating and set a C$27.00 target price on shares of Seven Generations Energy in a report on Monday, August 21st. Eight Capital restated a neutral rating and set a C$22.00 target price on shares of Seven Generations Energy in a report on Wednesday, September 27th. Finally, National Bank Financial lowered their price target on shares of Seven Generations Energy from C$28.00 to C$27.00 and set an outperform rating for the company in a report on Friday, November 3rd. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Seven Generations Energy 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$0.32 during trading hours on Friday, reaching C$17.48. 436,091 shares of the company were exchanged, compared to its average volume of 963,574. 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 bought 744,690 shares of the stock in a transaction on Tuesday, October 3rd. The stock was purchased at an average price of C$20.08 per share, for a total transaction of C$14,953,375.20. Also, Director William Mcadam bought 9,900 shares of the stock in a transaction on Monday, November 20th. The shares were acquired at an average price of C$13.15 per share, with a total value of C$130,185.00. In the last 90 days, insiders purchased 4,826,459 shares of company stock valued at $92,663,902.

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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.

Analyst Recommendations for Seven Generations Energy (TSE:VII)

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