Seven Generations Energy Ltd (VII) Stock Rating Reaffirmed by Scotiabank
Several other analysts have also issued reports on VII. AltaCorp Capital upped their price objective on Seven Generations Energy from C$26.00 to C$34.00 in a research note on Tuesday, July 26th. FirstEnergy Capital upped their price objective on Seven Generations Energy from C$20.00 to C$36.00 in a research note on Saturday, August 6th. Desjardins upped their price objective on Seven Generations Energy from C$30.00 to C$32.50 in a research note on Thursday, July 28th. Raymond James Financial Inc. upgraded Seven Generations Energy from an outperform rating to a strong-buy rating and upped their price objective for the company from C$34.00 to C$37.00 in a research note on Saturday, August 6th. Finally, Royal Bank Of Canada restated an outperform rating and issued a C$35.00 price objective on shares of Seven Generations Energy in a research note on Tuesday, September 20th. Ten research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. The company currently has a consensus rating of Buy and a consensus target price of C$33.68.
Seven Generations Energy (TSE:VII) opened at 31.63 on Friday. Seven Generations Energy has a 12 month low of $11.84 and a 12 month high of $32.18. The company’s market cap is $8.83 billion. The firm has a 50-day moving average price of $30.77 and a 200 day moving average price of $26.45.
In related news, insider Barry John Hucik sold 287,000 shares of the stock in a transaction that occurred on Thursday, October 6th. The stock was sold at an average price of C$31.03, for a total transaction of C$8,905,610.00.
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 high quality tight and shale hydrocarbon plays.
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