Seven Generations Energy (TSE:VII) had its target price boosted by CSFB from C$26.00 to C$27.00 in a research report issued on Friday. CSFB’s target price suggests a potential upside of 56.52% from the stock’s current price.
VII has been the topic of a number of other research reports. National Bank Financial raised their price objective on shares of Seven Generations Energy from C$22.00 to C$27.00 and gave the stock an “outperform” rating in a report on Tuesday, January 9th. BMO Capital Markets set a C$24.00 price objective on shares of Seven Generations Energy and gave the stock an “outperform” rating in a report on Wednesday, December 27th. Eight Capital raised shares of Seven Generations Energy from a “neutral” rating to a “buy” rating in a report on Thursday, March 15th. JPMorgan Chase set a C$22.00 price objective on shares of Seven Generations Energy and gave the stock an “overweight” rating in a report on Monday, January 29th. Finally, CIBC raised their price objective on shares of Seven Generations Energy from C$22.00 to C$24.00 in a report on Tuesday, March 20th. Seven analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Seven Generations Energy currently has a consensus rating of “Buy” and a consensus target price of C$23.86.
Shares of TSE VII traded up C$0.03 during trading on Friday, reaching C$17.25. 481,408 shares of the company traded hands, compared to its average volume of 902,017. Seven Generations Energy has a 52-week low of C$13.62 and a 52-week high of C$27.08.
Seven Generations Energy (TSE:VII) last posted its quarterly earnings data on Wednesday, March 14th. The company reported C$0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.38 by C($0.02). The business had revenue of C$615.10 million during the quarter, compared to analysts’ expectations of C$608.44 million. Seven Generations Energy had a return on equity of 7.98% and a net margin of 16.64%.
In other news, insider William Derek Aylesworth bought 13,075 shares of the firm’s stock in a transaction on Friday, March 23rd. The shares were bought at an average price of C$15.97 per share, for a total transaction of C$208,807.75. Also, insider Christopher Tudor Law sold 18,036 shares of the firm’s stock in a transaction that occurred on Tuesday, April 10th. The stock was sold at an average price of C$16.58, for a total transaction of C$299,036.88.
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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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