Seven Generations Energy Ltd (TSE:VII) had its target price decreased by equities researchers at Eight Capital from C$22.00 to C$20.50 in a research note issued on Friday. Eight Capital’s price objective indicates a potential upside of 23.64% from the stock’s current price.

Several other equities research analysts have also recently issued reports on VII. Royal Bank Of Canada decreased their price objective on shares of Seven Generations Energy from C$33.00 to C$28.00 in a research report on Thursday, July 20th. Barclays PLC cut their price target on shares of Seven Generations Energy from C$36.00 to C$31.00 in a research note on Monday, July 24th. TD Securities lowered shares of Seven Generations Energy from an “action list buy” rating to a “buy” rating and cut their price target for the stock from C$29.00 to C$26.00 in a research note on Friday, August 4th. BMO Capital Markets restated an “outperform” rating and issued a C$27.00 price objective on shares of Seven Generations Energy in a research note on Monday, August 21st. Finally, National Bank Financial dropped their price target on shares of Seven Generations Energy from C$28.00 to C$27.00 and set an “outperform” rating on the stock in a research note on Friday, November 3rd. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Seven Generations Energy has a consensus rating of “Buy” and a consensus target price of C$27.82.

Seven Generations Energy (TSE VII) traded down C$1.67 during trading on Friday, hitting C$16.58. 5,153,189 shares of the stock traded hands, compared to its average volume of 949,316. Seven Generations Energy has a 1-year low of C$16.06 and a 1-year high of C$32.90.

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In related news, insider Canada Pension Plan Investment acquired 1,049,669 shares of Seven Generations Energy stock in a transaction on Friday, October 6th. The shares were purchased at an average cost of C$20.12 per share, for a total transaction of C$21,119,340.28. Also, Director Marty Leigh Proctor acquired 10,000 shares of Seven Generations Energy stock in a transaction on Friday, November 17th. The shares were bought at an average price of C$16.59 per share, for a total transaction of C$165,900.00. Insiders bought 3,307,269 shares of company stock valued at $66,767,311 in the last three months.

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 tight and shale hydrocarbon resource plays.

Analyst Recommendations for Seven Generations Energy (TSE:VII)

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