Seven Generations Energy Ltd (TSE:VII) had its price objective dropped by National Bank Financial from C$27.00 to C$22.00 in a note issued to investors on Friday. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price objective points to a potential upside of 32.69% from the company’s previous close.

VII has been the topic of several other reports. TD Securities cut Seven Generations Energy from an “action list buy” rating to a “buy” rating and reduced their price objective for the stock from C$29.00 to C$26.00 in a research note on Friday, August 4th. Barclays PLC lowered their price target on Seven Generations Energy from C$25.00 to C$24.00 in a report on Monday, October 30th. BMO Capital Markets reiterated an “outperform” rating and issued a C$27.00 price target on shares of Seven Generations Energy in a report on Monday, August 21st. Royal Bank Of Canada lowered their price target on Seven Generations Energy from C$28.00 to C$23.00 and set an “outperform” rating for the company in a report on Friday, August 4th. Finally, Eight Capital reiterated a “neutral” rating and issued a C$22.00 price target on shares of Seven Generations Energy in a report on Wednesday, September 27th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Seven Generations Energy currently has a consensus rating of “Buy” and an average target price of C$27.82.

Shares of Seven Generations Energy (TSE VII) traded down C$1.67 during midday trading on Friday, reaching C$16.58. The company’s stock had a trading volume of 5,153,189 shares, compared to its average volume of 949,316. Seven Generations Energy has a 52 week low of C$16.06 and a 52 week high of C$32.90.

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In other Seven Generations Energy news, Director Marty Leigh Proctor purchased 10,000 shares of Seven Generations Energy stock in a transaction dated Friday, November 17th. The shares were acquired at an average cost of C$16.59 per share, with a total value of C$165,900.00. Also, insider Canada Pension Plan Investment purchased 1,460 shares of Seven Generations Energy stock in a transaction dated Friday, September 1st. The shares were acquired at an average cost of C$19.22 per share, for a total transaction of C$28,061.20. Over the last ninety days, insiders have bought 3,307,269 shares of company stock worth $66,767,311.

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.

Analyst Recommendations for Seven Generations Energy (TSE:VII)

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