Seven Generations Energy (TSE:VII) had its target price lifted by research analysts at CSFB from C$26.00 to C$27.00 in a research note issued on Friday, April 13th. CSFB’s price target points to a potential upside of 51.18% from the company’s current price.
Several other research firms have also issued reports on VII. National Bank Financial cut their price target on Seven Generations Energy from C$27.00 to C$26.00 and set an “outperform” rating for the company in a report on Thursday, March 15th. BMO Capital Markets set a C$24.00 price target on Seven Generations Energy and gave the company an “outperform” rating in a report on Wednesday, December 27th. Raymond James upped their price objective on Seven Generations Energy from C$25.50 to C$27.00 and gave the stock a “strong-buy” rating in a research note on Thursday, January 18th. CIBC upped their price objective on Seven Generations Energy from C$22.00 to C$24.00 in a research note on Tuesday, March 20th. Finally, JPMorgan Chase set a C$22.00 price objective on Seven Generations Energy and gave the stock an “overweight” rating in a research note on Monday, January 29th. Seven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of C$23.86.
Seven Generations Energy stock opened at C$17.86 on Friday. Seven Generations Energy has a one year low of C$13.62 and a one year high of C$27.08.
In other news, insider Canada Pension Plan Investment bought 1,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 15th. The shares were bought at an average cost of C$14.60 per share, for a total transaction of C$14,600,000.00. Also, insider William Derek Aylesworth bought 13,075 shares of the firm’s stock in a transaction that occurred on Friday, March 23rd. The stock was purchased at an average price of C$15.97 per share, for a total transaction of C$208,807.75.
Seven Generations Energy Company Profile
Seven Generations Energy Ltd., an independent energy company, focuses on the acquisition, exploration, development, and production of condensate and natural gas properties in western Canada. The company holds interests in the Kakwa River project, a natural gas property covering 500,000 net acres located in the Kakwa area of northwest Alberta.
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