Seven Generations Energy (VII) PT Lowered to C$20.00 at BMO Capital Markets

Seven Generations Energy (TSE:VII) had its price target trimmed by BMO Capital Markets from C$21.50 to C$20.00 in a research note issued to investors on Tuesday.

VII has been the topic of several other research reports. Raymond James decreased their price target on shares of Seven Generations Energy from C$31.00 to C$27.50 in a research note on Friday, October 5th. TD Securities upgraded shares of Seven Generations Energy from a hold rating to a buy rating and boosted their price target for the stock from C$18.00 to C$19.00 in a research note on Friday, August 3rd. CSFB boosted their price target on shares of Seven Generations Energy from C$27.00 to C$28.00 in a research note on Wednesday, July 11th. Finally, National Bank Financial boosted their price target on shares of Seven Generations Energy from C$22.00 to C$23.00 and gave the stock a c$14.56 rating in a research note on Wednesday, July 18th. Two research analysts have 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 presently has a consensus rating of Buy and an average target price of C$22.73.

Shares of VII stock opened at C$15.28 on Tuesday. Seven Generations Energy has a 52 week low of C$13.62 and a 52 week high of C$21.25.

Seven Generations Energy (TSE:VII) last announced its quarterly earnings results on Thursday, August 2nd. The company reported C$0.47 EPS for the quarter, topping the consensus estimate of C$0.37 by C$0.10. The business had revenue of C$797.80 million for the quarter, compared to analysts’ expectations of C$657.67 million. Seven Generations Energy had a net margin of 16.64% and a return on equity of 7.98%.

In other Seven Generations Energy news, insider David Barry Holt bought 4,500 shares of the firm’s stock in a transaction dated Tuesday, August 7th. The shares were purchased at an average cost of C$16.85 per share, for a total transaction of C$75,825.00. Also, Director Marty Leigh Proctor bought 10,000 shares of the firm’s stock in a transaction dated Monday, August 13th. The shares were acquired at an average price of C$15.20 per share, for a total transaction of C$152,000.00.

About Seven Generations Energy

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.

Further Reading: Cash Flow Analysis in Stock Selection

Analyst Recommendations for Seven Generations Energy (TSE:VII)

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