BMO Capital Markets lowered shares of Seven Generations Energy (TSE:VII) from an outperform rating to a market perform rating in a research note issued to investors on Tuesday.
A number of other equities research analysts have also commented on the company. National Bank Financial dropped their target price on Seven Generations Energy from C$25.00 to C$22.00 and set an outperform rating on the stock in a research report on Friday, May 4th. Raymond James upped their target price on Seven Generations Energy from C$27.00 to C$29.50 and gave the company a strong-buy rating in a research report on Friday, May 4th. TD Securities lowered Seven Generations Energy from a buy rating to a hold rating and set a C$20.00 target price on the stock. in a research report on Friday, May 4th. Eight Capital lowered Seven Generations Energy from a buy rating to a neutral rating in a research report on Friday, May 4th. Finally, CSFB upped their target price on Seven Generations Energy from C$26.00 to C$27.00 in a research report on Friday, April 13th. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of C$23.27.
Shares of Seven Generations Energy opened at C$15.98 on Tuesday, according to MarketBeat. Seven Generations Energy has a 52 week low of C$13.62 and a 52 week high of C$26.95.
Seven Generations Energy (TSE:VII) last issued its earnings results on Thursday, May 3rd. The company reported C$0.36 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.38 by C($0.02). The firm had revenue of C$752.40 million during the quarter, compared to analysts’ expectations of C$668.99 million. Seven Generations Energy had a net margin of 16.64% and a return on equity of 7.98%.
In related news, insider William Derek Aylesworth acquired 13,075 shares of the stock in a transaction on Friday, March 23rd. The shares were acquired at an average price of C$15.97 per share, for a total transaction of C$208,807.75. Also, insider Canada Pension Plan Investment acquired 1,000,000 shares of the stock in a transaction on Thursday, March 15th. The stock was bought at an average price of C$14.60 per share, for a total transaction of C$14,600,000.00. In the last 90 days, insiders acquired 1,023,075 shares of company stock worth $14,980,608.
Seven Generations Energy Company Profile
Seven Generations Energy Ltd., an independent energy company, focuses on the acquisition, exploration, development, and production of condensate and natural gas properties in western Canada. The company holds interests in the Kakwa River project, a natural gas property covering 500,000 net acres located in the Kakwa area of northwest Alberta.
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