Seven Generations Energy (VII) Given New C$22.00 Price Target at National Bank Financial

Seven Generations Energy (TSE:VII) had its price objective reduced by investment analysts at National Bank Financial from C$27.00 to C$22.00 in a report issued on Friday, November 17th. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price objective points to a potential upside of 21.15% from the company’s current price. National Bank Financial also issued estimates for Seven Generations Energy’s FY2018 earnings at $0.82 EPS.

Other equities analysts also recently issued reports about the stock. Barclays decreased their price target on shares of Seven Generations Energy from C$36.00 to C$31.00 in a research note on Monday, July 24th. Royal Bank Of Canada reduced their price objective on shares of Seven Generations Energy from C$33.00 to C$28.00 in a research note on Thursday, July 20th. TD Securities downgraded shares of Seven Generations Energy from an “action list buy” rating to a “buy” rating and reduced their price objective for the stock from C$29.00 to C$26.00 in a research note on Friday, August 4th. Eight Capital reiterated a “neutral” rating and set a C$22.00 price objective on shares of Seven Generations Energy in a research note on Wednesday, September 27th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a C$27.00 price objective on shares of Seven Generations Energy in a research note on Thursday, September 14th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Seven Generations Energy has a consensus rating of “Buy” and a consensus price target of C$27.82.

Seven Generations Energy (TSE:VII) opened at C$18.16 on Friday. Seven Generations Energy has a one year low of C$16.06 and a one year high of C$32.90.

In other news, insider Canada Pension Plan Investment purchased 250,000 shares of the stock in a transaction on Thursday, November 30th. The stock was purchased at an average price of C$17.50 per share, for a total transaction of C$4,375,000.00. Also, Director Marty Leigh Proctor purchased 10,000 shares of the stock in a transaction on Friday, November 17th. The shares were purchased at an average price of C$16.59 per share, with a total value of C$165,900.00. In the last quarter, insiders purchased 4,826,459 shares of company stock valued at $92,663,902.

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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 tight and shale hydrocarbon resource plays.

Analyst Recommendations for Seven Generations Energy (TSE:VII)

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