Raymond James Financial Inc. Increases Seven Generations Energy Ltd (VII) Price Target to C$39.50
Seven Generations Energy Ltd (TSE:VII) had its price target upped by investment analysts at Raymond James Financial Inc. from C$37.00 to C$39.50 in a note issued to investors on Tuesday, StockTargetPrices.com reports. Raymond James Financial Inc.’s target price would indicate a potential upside of 27.67% from the stock’s current price.
Other equities analysts also recently issued reports about the company. AltaCorp Capital boosted their price objective on Seven Generations Energy from C$26.00 to C$34.00 in a research report on Tuesday, July 26th. TD Securities boosted their price objective on Seven Generations Energy from C$37.00 to C$38.00 and gave the stock an “action list buy” rating in a research report on Wednesday, July 27th. National Bank Financial reiterated an “outperform” rating and set a C$35.00 price objective on shares of Seven Generations Energy in a research report on Tuesday, July 26th. Desjardins boosted their price objective on Seven Generations Energy from C$30.00 to C$32.50 in a research report on Thursday, July 28th. Finally, Scotiabank boosted their price objective on Seven Generations Energy from C$25.00 to C$31.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 27th. Ten investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of C$32.82.
Seven Generations Energy (TSE:VII) traded up 0.03% during trading on Tuesday, reaching $30.95. The company had a trading volume of 556,784 shares. The firm’s market capitalization is $8.64 billion. The company has a 50-day moving average of $29.83 and a 200-day moving average of $25.00. Seven Generations Energy has a 52-week low of $11.84 and a 52-week high of $31.59.
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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 high quality tight and shale hydrocarbon plays.
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