Seven Generations Energy Ltd (TSE:VII) had its price objective increased by RBC Capital Markets from C$35.00 to C$37.00 in a research note issued to investors on Thursday. The brokerage currently has an outperform rating on the stock.
A number of other research analysts also recently weighed in on VII. AltaCorp Capital increased their target price on Seven Generations Energy from C$26.00 to C$34.00 in a report on Tuesday, July 26th. FirstEnergy Capital raised their price objective on Seven Generations Energy from C$20.00 to C$36.00 in a research note on Saturday, August 6th. Desjardins raised 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. raised Seven Generations Energy from an outperform rating to a strong-buy rating and raised their price objective for the stock from C$34.00 to C$37.00 in a research note on Saturday, August 6th. Finally, Royal Bank Of Canada raised their price objective on Seven Generations Energy from C$35.00 to C$37.00 and gave the stock an outperform rating in a research note on Thursday, October 6th. Ten analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. The company presently has an average rating of Buy and an average price target of C$33.42.
Shares of Seven Generations Energy (TSE:VII) opened at 31.44 on Thursday. The stock’s market cap is $8.77 billion. The firm has a 50-day moving average price of $30.58 and a 200 day moving average price of $26.21. Seven Generations Energy has a 52 week low of $11.84 and a 52 week high of $32.18.
In other Seven Generations Energy news, insider Barry John Hucik sold 287,000 shares of the firm’s 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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