A number of other brokerages have also issued reports on VII. Royal Bank Of Canada reduced their price target on Seven Generations Energy from C$33.00 to C$28.00 in a research report on Thursday, July 20th. CSFB upped their price objective on Seven Generations Energy from C$32.00 to C$34.00 in a report on Friday, July 7th. TD Securities lowered Seven Generations Energy from an action list buy rating to a buy rating and cut their price objective for the company from C$29.00 to C$26.00 in a report on Friday, August 4th. Eight Capital restated a neutral rating and issued a C$22.00 price objective on shares of Seven Generations Energy in a report on Wednesday, September 27th. Finally, BMO Capital Markets restated an outperform rating and issued a C$27.00 price objective on shares of Seven Generations Energy in a report on Thursday, September 14th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of Buy and an average target price of C$30.86.
Shares of Seven Generations Energy (TSE:VII) opened at C$18.69 on Monday. Seven Generations Energy has a twelve month low of C$16.36 and a twelve month high of C$32.90.
In other Seven Generations Energy news, insider Canada Pension Plan Investment purchased 860,300 shares of the company’s stock in a transaction that occurred on Tuesday, October 10th. The shares were purchased at an average cost of C$20.35 per share, with a total value of C$17,507,105.00. Insiders have purchased 3,297,269 shares of company stock worth $66,601,411 over the last three months.
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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