Seven Generations Energy (VII) Given a C$22.00 Price Target by JPMorgan Chase & Co. Analysts

Seven Generations Energy (TSE:VII) has been assigned a C$22.00 price objective by stock analysts at JPMorgan Chase & Co. in a research note issued on Monday. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 22.49% from the company’s previous close.

Several other analysts also recently commented on the stock. National Bank Financial upped their price target on shares of Seven Generations Energy from C$22.00 to C$27.00 and gave the company an “outperform” rating in a research report on Tuesday, January 9th. BMO Capital Markets set a C$24.00 price target on shares of Seven Generations Energy and gave the company an “outperform” rating in a research report on Wednesday, December 27th. Barclays reduced their price target on shares of Seven Generations Energy from C$25.00 to C$24.00 in a research report on Monday, October 30th. Royal Bank of Canada reduced their price target on shares of Seven Generations Energy from C$22.00 to C$21.00 and set an “outperform” rating for the company in a research report on Friday, November 17th. Finally, CSFB reduced their price target on shares of Seven Generations Energy from C$28.00 to C$27.00 in a research report on Friday, November 17th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of C$23.95.

Shares of Seven Generations Energy (TSE VII) traded down C$0.39 during trading on Monday, hitting C$17.96. 321,992 shares of the stock traded hands, compared to its average volume of 726,926. Seven Generations Energy has a fifty-two week low of C$16.06 and a fifty-two week high of C$27.14. The firm has a market cap of $6,510.00, a PE ratio of 17.78 and a beta of 0.99.

Seven Generations Energy (TSE:VII) last issued 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 net margin of 16.64% and a return on equity of 7.98%.

In other news, Director William Mcadam acquired 9,900 shares of the business’s stock in a transaction on Monday, November 20th. The stock was bought at an average price of C$13.15 per share, for a total transaction of C$130,185.00. Also, insider Jordan Johnsen sold 9,000 shares of the company’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of C$18.10, for a total transaction of C$162,900.00. In the last 90 days, insiders have acquired 1,530,900 shares of company stock valued at $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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