Seven Generations Energy Ltd (TSE:VII) Price Target Cut to C$28.00
Seven Generations Energy Ltd (TSE:VII) had its target price cut by investment analysts at Royal Bank Of Canada from C$33.00 to C$28.00 in a report released on Thursday, StockTargetPrices.com reports. Royal Bank Of Canada’s price objective points to a potential upside of 29.45% from the stock’s current price.
VII has been the subject of a number of other reports. National Bank Financial lowered their price target on Seven Generations Energy from C$38.00 to C$37.00 in a report on Friday, June 23rd. TD Securities reaffirmed an “action list buy” rating and issued a C$37.00 price target on shares of Seven Generations Energy in a report on Friday, May 5th. Scotiabank lowered their price target on Seven Generations Energy from C$36.00 to C$35.00 and set an “outperform” rating for the company in a report on Friday, May 5th. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$35.00 price target on shares of Seven Generations Energy in a report on Friday, May 5th. Finally, CSFB increased their price objective on Seven Generations Energy from C$32.00 to C$34.00 in a report on Friday, July 7th. Six investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of C$36.12.
Shares of Seven Generations Energy (TSE VII) traded down 0.09% during trading on Thursday, hitting $21.61. 262,037 shares of the company traded hands. The stock has a market capitalization of $7.63 billion and a PE ratio of 145.03. The company has a 50-day moving average of $22.55 and a 200-day moving average of $24.64. Seven Generations Energy has a 52-week low of $20.36 and a 52-week high of $32.90.
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In other Seven Generations Energy news, insider Kevin James Johnston sold 5,210 shares of the company’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of C$26.78, for a total value of C$139,523.80. Also, insider Patrick Beverley Carlson sold 126,067 shares of the company’s stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of C$26.02, for a total value of C$3,280,263.34. In the last quarter, insiders acquired 7,300 shares of company stock valued at $158,586 and sold 275,616 shares valued at $7,154,771.
Seven Generations Energy Company Profile
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 tight and shale hydrocarbon resource plays.
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