CSFB reaffirmed their outperform rating on shares of Seven Generations Energy (TSE:VII) in a research report sent to investors on Tuesday morning, BayStreet.CA reports. They currently have a C$12.00 price objective on the stock.
A number of other research analysts have also recently commented on VII. Raymond James reissued an average rating on shares of PPL in a research report on Monday, May 6th. BMO Capital Markets reissued a hold rating and set a $9.50 target price on shares of Vicon Industries in a research report on Friday, June 14th. TD Securities boosted their target price on shares of Westshore Terminals Investment from C$20.00 to C$21.00 and gave the stock a hold rating in a research report on Monday, May 6th. National Bank Financial cut their price target on shares of Yangarra Resources from C$5.50 to C$5.00 and set an outperform rating on the stock in a report on Tuesday, June 25th. Finally, CIBC cut their price target on shares of Toromont Industries from C$70.00 to C$68.00 in a report on Monday, May 6th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of C$13.73.
TSE VII opened at C$6.39 on Tuesday. The stock’s fifty day moving average price is C$6.71. Seven Generations Energy has a 52 week low of C$6.23 and a 52 week high of C$17.24. The company has a current ratio of 0.69, a quick ratio of 0.65 and a debt-to-equity ratio of 43.03. The firm has a market capitalization of $2.31 billion and a PE ratio of 5.39.
Seven Generations Energy (TSE:VII) last posted its earnings results on Friday, May 3rd. The company reported C$0.24 EPS for the quarter, topping analysts’ consensus estimates of C$0.16 by C$0.08. The firm had revenue of C$546.30 million for the quarter, compared to analyst estimates of C$650.25 million. On average, equities analysts forecast that Seven Generations Energy will post 1.2000001 earnings per share for the current fiscal year.
In related news, Director Marty Leigh Proctor purchased 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The shares were purchased at an average cost of C$8.36 per share, with a total value of C$83,610.00. Following the completion of the acquisition, the director now directly owns 237,821 shares of the company’s stock, valued at approximately C$1,988,421.38. Insiders purchased 34,000 shares of company stock worth $268,712 over the last ninety days.
About Seven Generations Energy
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.
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