Seven Generations Energy Ltd (TSE:VII) Receives Consensus Recommendation of “Buy” from Analysts

Seven Generations Energy Ltd (TSE:VII) has earned an average recommendation of “Buy” from the twelve ratings firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$13.04.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

VII has been the topic of several recent research reports. CSFB reaffirmed an “outperform” rating and set a C$12.00 target price on shares of Seven Generations Energy in a report on Tuesday, July 16th. TD Securities lifted their price objective on shares of Seven Generations Energy from C$14.50 to C$15.50 and gave the company a “buy” rating in a research note on Thursday, August 1st. Canaccord Genuity reissued a “buy” rating and issued a C$11.00 price objective on shares of Seven Generations Energy in a research note on Wednesday, October 16th. National Bank Financial lifted their price objective on shares of Seven Generations Energy from C$9.50 to C$12.00 and gave the company an “outperform” rating in a research note on Thursday, August 1st. Finally, Royal Bank of Canada lifted their price objective on shares of Seven Generations Energy from C$11.00 to C$12.00 and gave the company an “outperform” rating in a research note on Friday.

Shares of VII traded down C$0.36 during mid-day trading on Tuesday, hitting C$8.30. 1,643,300 shares of the company’s stock were exchanged, compared to its average volume of 1,308,592. Seven Generations Energy has a 52 week low of C$5.99 and a 52 week high of C$12.86. The stock’s 50-day simple moving average is C$8.03 and its 200-day simple moving average is C$7.67. The firm has a market cap of $2.91 billion and a price-to-earnings ratio of 4.02. The company has a quick ratio of 0.68, a current ratio of 0.80 and a debt-to-equity ratio of 40.00.

Seven Generations Energy Company Profile

Seven Generations Energy Ltd., together with its subsidiary, engages in development of natural gas properties in Canada. The company holds interests in the Kakwa River project, a natural gas property covering approximately 537,000 net acres located in the Kakwa area of northwest Alberta; and in the approximately 506,000 acres in Montney.

Recommended Story: P/E Growth (PEG)

Analyst Recommendations for Seven Generations Energy (TSE:VII)

Leave a Reply

Your email address will not be published. Required fields are marked *

*