Seven Generations Energy Ltd (VII) Stock Rating Reaffirmed by Scotiabank
Seven Generations Energy Ltd (TSE:VII)‘s stock had its “outperform” rating reaffirmed by equities researchers at Scotiabank in a research report issued to clients and investors on Friday, StockTargetPrices.com reports. They presently have a C$36.00 price objective on the stock. Scotiabank’s price objective points to a potential upside of 15.24% from the company’s current price.
Several other equities research analysts have also recently issued reports on VII. 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 report on Monday, July 4th. Barclays PLC boosted their price target on shares of Seven Generations Energy from C$29.00 to C$30.00 and gave the company an “overweight” rating in a research report on Thursday, July 7th. AltaCorp Capital boosted their price target on shares of Seven Generations Energy from C$26.00 to C$34.00 in a research report on Tuesday, July 26th. National Bank Financial reissued an “outperform” rating and issued a C$35.00 price target on shares of Seven Generations Energy in a research report on Tuesday, July 26th. Finally, CIBC boosted their price target on shares of Seven Generations Energy from C$25.00 to C$31.00 in a research report on Wednesday, July 27th. Ten research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of C$33.42.
Seven Generations Energy (TSE:VII) traded up 0.64% during midday trading on Friday, hitting $31.44. The stock had a trading volume of 189,112 shares. The stock’s market cap is $8.77 billion. Seven Generations Energy has a 12 month low of $11.84 and a 12 month high of $32.18. The stock has a 50 day moving average of $30.51 and a 200 day moving average of $26.12.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/07/seven-generations-energy-ltd-vii-stock-rating-reaffirmed-by-scotiabank.html
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.
Receive News & Ratings for Seven Generations Energy Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seven Generations Energy Ltd and related companies with MarketBeat.com's FREE daily email newsletter.