Seven Generations Energy (TSE:VII) had its price target decreased by BMO Capital Markets from C$9.50 to C$8.00 in a report released on Thursday, BayStreet.CA reports. BMO Capital Markets’ price objective would indicate a potential upside of 7.82% from the stock’s previous close.
VII has been the subject of a number of other research reports. Royal Bank of Canada decreased their price target on shares of Seven Generations Energy from C$15.00 to C$11.00 in a research note on Thursday, July 18th. Eight Capital upgraded shares of Seven Generations Energy from a “neutral” rating to a “buy” rating and increased their price target for the stock from C$10.00 to C$13.00 in a research note on Thursday. CSFB reiterated an “outperform” rating and set a C$12.00 price target on shares of Seven Generations Energy in a research note on Tuesday, July 16th. Raymond James reiterated an “outperform” rating and set a C$19.00 price target on shares of Seven Generations Energy in a research note on Monday, May 6th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Seven Generations Energy from C$17.00 to C$16.00 in a research note on Monday, May 13th. Five analysts have rated the stock with a buy rating, Seven Generations Energy has a consensus rating of “Buy” and a consensus target price of C$13.55.
Shares of Seven Generations Energy stock traded up C$0.09 during trading hours on Thursday, hitting C$7.42. The company had a trading volume of 2,322,750 shares, compared to its average volume of 1,389,201. The company’s 50-day moving average price is C$6.52. Seven Generations Energy has a twelve month low of C$5.99 and a twelve month high of C$17.24. The company has a debt-to-equity ratio of 43.03, a quick ratio of 0.65 and a current ratio of 0.69. The firm has a market cap of $2.59 billion and a P/E ratio of 6.26.
Seven Generations Energy (TSE:VII) last issued its earnings results on Friday, May 3rd. The company reported C$0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.16 by C$0.08. The company had revenue of C$546.30 million during the quarter, compared to analyst estimates of C$650.25 million. Equities research analysts expect that Seven Generations Energy will post 1.1900001 earnings per share for the current fiscal year.
In other Seven Generations Energy news, Director Marty Leigh Proctor purchased 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 21st. The stock was purchased at an average price of C$8.36 per share, for a total transaction of C$83,610.00. Following the purchase, the director now directly owns 237,821 shares in the company, valued at C$1,988,421.38. In the last quarter, insiders have purchased 34,000 shares of company stock valued at $268,712.
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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