Brokerages Set Seven Generations Energy Ltd (VII) PT at $23.95

Seven Generations Energy Ltd (TSE:VII) has been assigned an average recommendation of “Buy” from the ten research firms that are presently covering the company, Marketbeat Ratings reports. Six analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is C$23.95.

Several equities analysts have commented on VII shares. Eight Capital dropped their target price on Seven Generations Energy from C$22.00 to C$20.50 in a research report on Friday, November 17th. CSFB dropped their target price on Seven Generations Energy from C$28.00 to C$27.00 in a research report on Friday, November 17th. Royal Bank of Canada dropped their target price on Seven Generations Energy from C$22.00 to C$21.00 and set an “outperform” rating for the company in a research report on Friday, November 17th. Barclays dropped their target price on Seven Generations Energy from C$25.00 to C$24.00 in a research report on Monday, October 30th. Finally, Scotiabank dropped their target price on Seven Generations Energy from C$27.00 to C$22.00 and set an “outperform” rating for the company in a research report on Friday, November 17th.

In other news, insider Jordan Johnsen sold 9,000 shares of the firm’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of C$18.10, for a total transaction of C$162,900.00. Also, Director William Mcadam acquired 9,900 shares of the stock in a transaction dated Monday, November 20th. The shares were bought at an average price of C$13.15 per share, with a total value of C$130,185.00. Insiders acquired 1,519,900 shares of company stock valued at $25,912,285 over the last quarter.

Shares of Seven Generations Energy (VII) traded down C$0.42 during mid-day trading on Tuesday, hitting C$15.44. The company had a trading volume of 434,367 shares, compared to its average volume of 747,910. Seven Generations Energy has a twelve month low of C$14.10 and a twelve month high of C$27.08. The company has a market cap of $5,630.00, a P/E ratio of 15.70 and a beta of 0.87.

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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.

Analyst Recommendations for Seven Generations Energy (TSE:VII)

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