Seven Generations Energy Ltd (VII) Given Average Recommendation of “Buy” by Analysts
Seven Generations Energy Ltd (TSE:VII) has earned a consensus recommendation of “Buy” from the eleven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$23.67.
VII has been the topic of a number of analyst reports. CSFB boosted their price objective on shares of Seven Generations Energy from C$27.00 to C$28.00 in a research report on Wednesday, July 11th. TD Securities upgraded shares of Seven Generations Energy from a “hold” rating to a “buy” rating and boosted their price objective for the company from C$18.00 to C$19.00 in a research report on Friday, August 3rd. National Bank Financial boosted their price objective on shares of Seven Generations Energy from C$22.00 to C$23.00 and gave the company a “c$14.56” rating in a research report on Wednesday, July 18th. Finally, Raymond James boosted their price objective on shares of Seven Generations Energy from C$29.50 to C$31.00 and gave the company a “strong-buy” rating in a research report on Friday, August 3rd.
Shares of VII opened at C$15.04 on Wednesday. Seven Generations Energy has a fifty-two week low of C$13.62 and a fifty-two week high of C$21.25.
In related news, Director Marty Leigh Proctor bought 10,000 shares of the stock in a transaction dated Monday, August 13th. The stock was purchased at an average cost of C$15.20 per share, with a total value of C$152,000.00. Also, insider David Barry Holt bought 4,500 shares of the stock in a transaction dated Tuesday, August 7th. The shares were bought at an average cost of C$16.85 per share, with a total value of C$75,825.00.
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.
Further Reading: Google Finance Portfolio Workaround
Receive News & Ratings for Seven Generations Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seven Generations Energy and related companies with MarketBeat.com's FREE daily email newsletter.