Shares of Seven Generations Energy Ltd (TSE:VII) have been assigned an average recommendation of “Buy” from the ten ratings firms that are currently covering the firm, MarketBeat Ratings reports. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is C$23.95.
Several brokerages recently weighed in on VII. Barclays increased their target price on Seven Generations Energy from C$24.00 to C$25.00 in a research report on Sunday, November 5th. National Bank Financial decreased their price target on Seven Generations Energy from C$28.00 to C$27.00 and set an “outperform” rating for the company in a research note on Friday, November 3rd. Raymond James Financial lifted their price target on Seven Generations Energy from C$25.50 to C$27.00 and gave the stock a “strong-buy” rating in a research note on Thursday, January 18th. JPMorgan Chase & Co. set a C$22.00 price target on Seven Generations Energy and gave the stock an “overweight” rating in a research note on Monday, January 29th. Finally, BMO Capital Markets set a C$24.00 price target on Seven Generations Energy and gave the stock an “outperform” rating in a research note on Wednesday, December 27th.
In other Seven Generations Energy news, insider Jordan Johnsen sold 9,000 shares of Seven Generations Energy stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of C$18.10, for a total value of C$162,900.00. Also, insider Canada Pension Plan Investment bought 250,000 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was bought at an average price of C$17.50 per share, with a total value of C$4,375,000.00. Insiders purchased 1,519,900 shares of company stock valued at $25,912,285 over the last quarter.
Seven Generations Energy (VII) traded down C$0.43 on Tuesday, reaching C$15.43. The firm has a market capitalization of $5,470.00, a P/E ratio of 15.28 and a beta of 0.87. Seven Generations Energy has a 12 month low of C$14.10 and a 12 month high of C$27.08.
ILLEGAL ACTIVITY NOTICE: “Seven Generations Energy Ltd (VII) Receives Consensus Rating of “Buy” from Analysts” was published by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of U.S. and international copyright laws. The original version of this piece of content can be viewed at https://www.thelincolnianonline.com/2018/02/18/seven-generations-energy-ltd-vii-receives-consensus-rating-of-buy-from-analysts.html.
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.
Receive News & Ratings for Seven Generations Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seven Generations Energy and related companies with MarketBeat.com's FREE daily email newsletter.