Seven Generations Energy Ltd (VII) Price Target Increased to C$39.50 by Analysts at Raymond James Financial Inc.
Seven Generations Energy Ltd (TSE:VII) had its price objective hoisted by equities research analysts at Raymond James Financial Inc. from C$37.00 to C$39.50 in a research report issued to clients and investors on Tuesday. Raymond James Financial Inc.’s price target would indicate a potential upside of 27.67% from the company’s previous close.
Other research analysts have also recently issued reports about the company. National Bank Financial reduced their price target on Seven Generations Energy from C$35.00 to C$33.00 in a research report on Wednesday, August 3rd. Desjardins lifted their price target on Seven Generations Energy from C$30.00 to C$32.50 in a research report on Thursday, July 28th. FirstEnergy Capital lifted their price target on Seven Generations Energy from C$20.00 to C$36.00 in a research report on Saturday, August 6th. AltaCorp Capital lifted their price target on Seven Generations Energy from C$26.00 to C$34.00 in a research report on Tuesday, July 26th. Finally, Barclays PLC lifted their price target on Seven Generations Energy from C$30.00 to C$36.00 in a research report on Friday, July 22nd. Ten investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Seven Generations Energy currently has an average rating of “Buy” and an average price target of C$32.82.
Shares of Seven Generations Energy (TSE:VII) traded up 0.016% during mid-day trading on Tuesday, hitting $30.945. The stock had a trading volume of 492,615 shares. Seven Generations Energy has a one year low of $11.84 and a one year high of $31.59. The firm has a 50 day moving average of $29.83 and a 200-day moving average of $25.00. The stock’s market cap is $8.64 billion.
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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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