Seven Generations Energy Ltd (VII) Given Average Recommendation of “Buy” by Brokerages

Shares of Seven Generations Energy Ltd (TSE:VII) have received a consensus rating of “Buy” from the nine analysts that are presently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$24.17.

Several research firms have recently issued reports on VII. Eight Capital reduced their target price on Seven Generations Energy from C$22.00 to C$20.50 in a report on Friday, November 17th. CSFB reduced their target price on Seven Generations Energy from C$28.00 to C$27.00 in a report on Friday, November 17th. Royal Bank of Canada reduced their target price on Seven Generations Energy from C$22.00 to C$21.00 and set an “outperform” rating for the company in a report on Friday, November 17th. Barclays reduced their target price on Seven Generations Energy from C$25.00 to C$24.00 in a report on Monday, October 30th. Finally, Scotiabank reduced their target price on Seven Generations Energy from C$27.00 to C$22.00 and set an “outperform” rating for the company in a report on Friday, November 17th.

Shares of Seven Generations Energy (TSE:VII) opened at C$18.91 on Friday. The company has a market capitalization of $6,710.00, a P/E ratio of 18.72 and a beta of 0.99. Seven Generations Energy has a twelve month low of C$16.06 and a twelve month high of C$27.74.

Seven Generations Energy (TSE:VII) last released its earnings results on Thursday, November 2nd. The company reported C$0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.15 by C$0.09. Seven Generations Energy had a return on equity of 7.98% and a net margin of 16.64%.

In other news, insider Timothy Lauer Stauft acquired 2,000 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The shares were acquired at an average price of C$16.84 per share, for a total transaction of C$33,680.00. Also, Director William Mcadam acquired 9,900 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The stock was purchased at an average price of C$13.15 per share, for a total transaction of C$130,185.00. In the last quarter, insiders purchased 1,530,900 shares of company stock worth $26,095,085.

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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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