Seven Generations Energy Ltd (TSE:VII) has earned a consensus rating of “Buy” from the eleven analysts that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has assigned 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$23.67.
VII has been the topic of several research analyst reports. Raymond James increased their price target on shares of Seven Generations Energy from C$27.00 to C$29.50 and gave the company a “strong-buy” rating in a research note on Friday, May 4th. Eight Capital lowered shares of Seven Generations Energy from a “buy” rating to a “neutral” rating in a report on Friday, May 4th. TD Securities lowered shares of Seven Generations Energy from a “buy” rating to a “hold” rating and set a C$20.00 price objective on the stock. in a report on Friday, May 4th. National Bank Financial cut their price objective on shares of Seven Generations Energy from C$25.00 to C$22.00 and set an “outperform” rating on the stock in a report on Friday, May 4th. Finally, CSFB increased their price objective on shares of Seven Generations Energy from C$27.00 to C$28.00 in a report on Wednesday, July 11th.
Shares of VII traded down C$0.22 during mid-day trading on Tuesday, hitting C$15.65. 599,000 shares of the company traded hands, compared to its average volume of 1,080,251. Seven Generations Energy has a one year low of C$13.62 and a one year high of C$21.25.
Seven Generations Energy (TSE:VII) last released its quarterly earnings results on Thursday, August 2nd. The company reported C$0.47 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.37 by C$0.10. Seven Generations Energy had a net margin of 16.64% and a return on equity of 7.98%. The business had revenue of C$797.80 million for the quarter, compared to analysts’ expectations of C$657.67 million.
In other news, insider David Barry Holt bought 4,500 shares of the business’s stock in a transaction on Tuesday, August 7th. The shares were bought at an average cost of C$16.85 per share, for a total transaction of C$75,825.00. Also, Director Marty Leigh Proctor sold 2,832 shares of the stock in a transaction on Thursday, May 17th. The stock was sold at an average price of C$17.90, for a total transaction of C$50,692.80.
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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