Seven Generations Energy Ltd (VII) Given New C$23.00 Price Target at Royal Bank Of Canada
Seven Generations Energy Ltd (TSE:VII) had its price target decreased by Royal Bank Of Canada from C$28.00 to C$23.00 in a report published on Friday. Royal Bank Of Canada currently has an outperform rating on the stock.
A number of other equities analysts have also weighed in on the company. Barclays PLC lowered their price objective on Seven Generations Energy from C$36.00 to C$31.00 in a research note on Monday, July 24th. BMO Capital Markets reissued an outperform rating and set a C$35.00 price objective on shares of Seven Generations Energy in a research note on Friday, May 5th. TD Securities reissued an action list buy rating and set a C$37.00 price objective on shares of Seven Generations Energy in a research note on Friday, May 5th. National Bank Financial lowered their price objective on Seven Generations Energy from C$38.00 to C$37.00 in a research note on Friday, June 23rd. Finally, CSFB boosted their price objective on Seven Generations Energy from C$32.00 to C$34.00 in a research note on Friday, July 7th. Seven equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of C$33.68.
Shares of Seven Generations Energy (TSE:VII) opened at 17.18 on Friday. The company has a market capitalization of $6.06 billion and a P/E ratio of 115.30. Seven Generations Energy has a 12 month low of $16.35 and a 12 month high of $32.90. The company has a 50-day moving average price of $21.92 and a 200-day moving average price of $24.22.
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In other news, insider Patrick Beverley Carlson sold 126,067 shares of the company’s stock in a transaction on Wednesday, May 10th. The stock was sold at an average price of C$26.02, for a total value of C$3,280,263.34. Also, insider Kevin James Johnston sold 5,210 shares of the company’s stock in a transaction on Monday, May 15th. The shares were sold at an average price of C$26.78, for a total value of C$139,523.80. In the last ninety days, insiders bought 27,200 shares of company stock worth $482,942 and sold 275,616 shares worth $7,154,771.
About Seven Generations Energy
Seven Generations Energy Ltd., an independent energy company, focuses on the acquisition, exploration, development, and production of oil and natural gas properties in western Canada. The company holds interests in the Kakwa River project, a natural gas property covering 544,000 net acres located in the Kakwa area of northwest Alberta.
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