Seven Generations Energy Ltd (TSE:VII) had its price target reduced by equities research analysts at Barclays PLC from C$25.00 to C$24.00 in a research note issued on Monday. Barclays PLC’s price target suggests a potential upside of 23.20% from the company’s previous close.
Other equities analysts also recently issued research reports about the company. Royal Bank Of Canada lowered their price target on Seven Generations Energy from C$28.00 to C$23.00 and set an “outperform” rating on the stock in a research report on Friday, August 4th. TD Securities downgraded Seven Generations Energy from an “action list buy” rating to a “buy” rating and lowered their price target for the stock from C$29.00 to C$26.00 in a research report on Friday, August 4th. CSFB boosted their price target on Seven Generations Energy from C$32.00 to C$34.00 in a research report on Friday, July 7th. BMO Capital Markets reissued an “outperform” rating and set a C$27.00 price target on shares of Seven Generations Energy in a research report on Monday, August 21st. Finally, Eight Capital reissued a “neutral” rating and set a C$22.00 price target on shares of Seven Generations Energy in a research report on Wednesday, September 27th. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of C$31.68.
Shares of Seven Generations Energy (VII) opened at 19.48 on Monday. Seven Generations Energy has a 52 week low of $16.35 and a 52 week high of $32.90. The company has a market cap of $6.90 billion and a P/E ratio of 23.19. The company’s 50-day moving average price is $19.06 and its 200 day moving average price is $21.35.
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In other news, Director William Mcadam acquired 7,330 shares of Seven Generations Energy stock in a transaction dated Monday, August 14th. The stock was bought at an average price of C$14.00 per share, for a total transaction of C$102,620.00. Also, insider Canada Pension Plan Investment acquired 1,460 shares of Seven Generations Energy stock in a transaction dated Friday, September 1st. The shares were purchased at an average price of C$19.22 per share, with a total value of C$28,061.20. In the last 90 days, insiders have bought 3,325,999 shares of company stock valued at $67,067,087.
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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