Seven Generations Energy (TSE:VII) PT Lowered to C$11.00 at Royal Bank of Canada

Seven Generations Energy (TSE:VII) had its target price cut by Royal Bank of Canada from C$15.00 to C$11.00 in a report published on Thursday, BayStreet.CA reports.

A number of other equities analysts have also weighed in on VII. National Bank Financial lowered 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 research report on Tuesday, June 25th. TD Securities boosted their price target 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. GMP Securities restated a buy rating and set a $22.25 price target on shares of SPDR Wells Fargo Preferred Stock ETF in a research report on Friday, June 28th. JPMorgan Chase & Co. boosted their price target on shares of Vermilion Energy from C$42.00 to C$43.00 in a research report on Monday, May 13th. Finally, Raymond James restated an average rating on shares of PPL in a research report on Monday, May 6th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of C$13.73.

VII opened at C$6.38 on Thursday. The firm has a market capitalization of $2.31 billion and a price-to-earnings ratio of 5.38. Seven Generations Energy has a twelve month low of C$6.23 and a twelve month high of C$17.24. The stock’s 50-day simple moving average is C$6.68. The company has a quick ratio of 0.65, a current ratio of 0.69 and a debt-to-equity ratio of 43.03.

Seven Generations Energy (TSE:VII) last posted its quarterly earnings results on Friday, May 3rd. The company reported C$0.24 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.16 by C$0.08. The business had revenue of C$546.30 million for the quarter, compared to analyst estimates of C$650.25 million. Equities analysts anticipate that Seven Generations Energy will post 1.2000001 EPS for the current year.

In other news, Director Marty Leigh Proctor bought 10,000 shares of Seven Generations Energy stock in a transaction on Friday, June 14th. The shares were bought at an average cost of C$6.39 per share, with a total value of C$63,910.00. Following the completion of the purchase, the director now directly owns 261,829 shares of the company’s stock, valued at C$1,673,349.14. Insiders have acquired 34,000 shares of company stock worth $268,712 over the last ninety days.

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.

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Analyst Recommendations for Seven Generations Energy (TSE:VII)

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