Barclays PLC Raises Seven Generations Energy Ltd (VII) Price Target to C$40.00
Seven Generations Energy Ltd (TSE:VII) had its price objective increased by Barclays PLC from C$36.00 to C$40.00 in a research report issued on Tuesday. Barclays PLC’s price target suggests a potential upside of 27.23% from the company’s current price.
Other equities analysts have also issued research reports about the stock. National Bank Financial cut their price objective on shares of Seven Generations Energy from C$35.00 to C$33.00 in a report on Wednesday, August 3rd. Desjardins boosted their target price on shares of Seven Generations Energy from C$30.00 to C$32.50 in a research report on Thursday, July 28th. CIBC boosted their target price on shares of Seven Generations Energy from C$25.00 to C$31.00 in a research report on Wednesday, July 27th. AltaCorp Capital boosted their target price on shares of Seven Generations Energy from C$26.00 to C$34.00 in a research report on Tuesday, July 26th. Finally, FirstEnergy Capital boosted their target price on shares of Seven Generations Energy from C$20.00 to C$36.00 in a research report on Saturday, August 6th. Ten research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. Seven Generations Energy has an average rating of “Buy” and an average price target of C$33.68.
Shares of Seven Generations Energy (TSE:VII) traded down 0.13% during midday trading on Tuesday, reaching $31.40. 215,877 shares of the company were exchanged. The stock’s market capitalization is $8.76 billion. Seven Generations Energy has a 52-week low of $11.84 and a 52-week high of $32.18. The company’s 50-day moving average price is $30.58 and its 200 day moving average price is $26.21.
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In other Seven Generations Energy news, insider Barry John Hucik sold 287,000 shares of the company’s stock in a transaction dated Thursday, October 6th. The shares were sold at an average price of C$31.03, for a total value of C$8,905,610.00.
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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