Seven Generations Energy Ltd (TSE:VII) has been given a consensus recommendation of “Buy” by the ten analysts that are covering the company, MarketBeat reports. Six equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$23.95.
A number of equities analysts have recently issued reports on the company. Raymond James Financial upped their price target on Seven Generations Energy from C$25.50 to C$27.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 18th. Barclays cut their target price on Seven Generations Energy from C$25.00 to C$24.00 in a research report on Friday, November 17th. TD Securities cut their target price on Seven Generations Energy from C$27.00 to C$25.00 and set a “buy” rating on the stock in a research report on Friday, November 17th. Scotiabank cut their target price on Seven Generations Energy from C$27.00 to C$22.00 and set an “outperform” rating on the stock in a research report on Friday, November 17th. Finally, Eight Capital cut their target price on Seven Generations Energy from C$22.00 to C$20.50 in a research report on Friday, November 17th.
In other Seven Generations Energy news, insider Jordan Johnsen sold 9,000 shares of the company’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of C$18.10, for a total value of C$162,900.00. Also, insider Canada Pension Plan Investment purchased 1,258,000 shares of the stock in a transaction on Wednesday, November 22nd. The stock was acquired at an average cost of C$16.99 per share, for a total transaction of C$21,373,420.00. Over the last three months, 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.
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