Seven Generations Energy’s (VII) Outperform Rating Reiterated at Royal Bank Of Canada
Seven Generations Energy Ltd (TSE:VII)‘s stock had its “outperform” rating reissued by analysts at Royal Bank Of Canada in a report issued on Tuesday, StockTargetPrices.com reports. They presently have a C$35.00 price target on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 13.12% from the stock’s current price.
VII has been the topic of a number of other reports. RBC Capital Markets raised their price objective on Seven Generations Energy from C$27.00 to C$35.00 and gave the company an “outperform” rating in a research note on Friday, August 19th. AltaCorp Capital raised their price objective on Seven Generations Energy from C$26.00 to C$34.00 in a research note on Tuesday, July 26th. TD Securities reaffirmed an “action list buy” rating and set a C$37.00 price objective on shares of Seven Generations Energy in a research note on Monday, July 4th. Barclays PLC raised their price objective on Seven Generations Energy from C$29.00 to C$30.00 and gave the company an “overweight” rating in a research note on Thursday, July 7th. Finally, Raymond James Financial Inc. set a C$31.00 price objective on Seven Generations Energy in a research note on Monday, June 6th. Ten investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. Seven Generations Energy presently has a consensus rating of “Buy” and a consensus target price of C$32.65.
Shares of Seven Generations Energy (TSE:VII) opened at 30.94 on Tuesday. The firm’s 50-day moving average price is $29.83 and its 200-day moving average price is $25.00. Seven Generations Energy has a one year low of $11.84 and a one year high of $31.59. The company’s market capitalization is $8.63 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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