Seven Generations Energy (TSE:VII) was downgraded by equities researchers at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research report issued on Wednesday, BayStreet.CA reports.
VII has been the subject of a number of other research reports. National Bank Financial decreased their target price on shares of Seven Generations Energy from C$11.00 to C$5.50 and set an “outperform” rating for the company in a research report on Tuesday, March 10th. Tudor Pickering & Holt set a C$10.00 target price on shares of Seven Generations Energy and gave the company a “buy” rating in a research report on Wednesday, March 11th. Royal Bank of Canada decreased their target price on shares of Seven Generations Energy from C$12.00 to C$4.00 in a research report on Monday, March 16th. Raymond James raised shares of Seven Generations Energy from a “market perform” rating to an “outperform” rating and decreased their target price for the company from C$10.00 to C$5.50 in a research report on Thursday, March 12th. Finally, TD Securities decreased their target price on shares of Seven Generations Energy from C$14.50 to C$13.50 and set a “buy” rating for the company in a research report on Friday, February 28th. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Seven Generations Energy has a consensus rating of “Buy” and an average price target of C$9.82.
Seven Generations Energy stock opened at C$1.63 on Wednesday. The company has a market capitalization of $459.58 million and a P/E ratio of 1.20. The business has a 50 day moving average of C$4.68 and a 200-day moving average of C$7.11. The company has a debt-to-equity ratio of 39.19, a current ratio of 0.86 and a quick ratio of 0.80. Seven Generations Energy has a 1 year low of C$1.15 and a 1 year high of C$10.91.
Seven Generations Energy Ltd., together with its subsidiary, engages in development of natural gas properties in Canada. The company holds interests in the Kakwa River project, a natural gas property covering approximately 537,000 net acres located in the Kakwa area of northwest Alberta; and in the approximately 506,000 acres in Montney.
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