National Bank Financial Trims Seven Generations Energy (VII) Target Price to C$22.00

Seven Generations Energy (TSE:VII) had its target price reduced by analysts at National Bank Financial from C$27.00 to C$22.00 in a research report issued on Friday, November 17th. The firm currently has an “outperform” rating on the stock. National Bank Financial’s target price would indicate a potential upside of 30.49% from the company’s previous close. National Bank Financial also issued estimates for Seven Generations Energy’s FY2018 earnings at $0.82 EPS.

A number of other equities research analysts also recently weighed in on the stock. Royal Bank Of Canada reduced their price target on shares of Seven Generations Energy from C$28.00 to C$23.00 and set an “outperform” rating on the stock in a research note on Friday, August 4th. Barclays cut their target price on shares of Seven Generations Energy from C$36.00 to C$31.00 in a research report on Monday, July 24th. TD Securities downgraded shares of Seven Generations Energy from an “action list buy” rating to a “buy” rating and dropped their price target for the stock from C$29.00 to C$26.00 in a research report on Friday, August 4th. BMO Capital Markets restated an “outperform” rating and issued a C$27.00 price target on shares of Seven Generations Energy in a research report on Monday, August 21st. Finally, Eight Capital restated a “neutral” rating and issued a C$22.00 price target on shares of Seven Generations Energy in a research report on Wednesday, September 27th. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of C$27.82.

Seven Generations Energy (VII) traded down C$0.62 during mid-day trading on Friday, reaching C$16.86. 948,817 shares of the company’s stock traded hands, compared to its average volume of 963,511. Seven Generations Energy has a 52-week low of C$16.06 and a 52-week high of C$32.90.

In other Seven Generations Energy news, insider Canada Pension Plan Investment purchased 1,258,000 shares of the firm’s stock in a transaction on Wednesday, November 22nd. The stock was acquired at an average price of C$16.99 per share, for a total transaction of C$21,373,420.00. Also, insider Timothy Lauer Stauft purchased 2,000 shares of the firm’s stock in a transaction on Monday, November 20th. The shares were acquired at an average price of C$16.84 per share, with a total value of C$33,680.00. Insiders bought a total of 4,826,459 shares of company stock valued at $92,663,902 in the last quarter.

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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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