Brokerages Set Seven Generations Energy Ltd (TSE:VII) Price Target at C$13.58

Shares of Seven Generations Energy Ltd (TSE:VII) have been given an average recommendation of “Buy” by the twelve ratings firms that are presently covering the company, Marketbeat reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 12 month target price among brokers that have issued a report on the stock in the last year is C$13.58.

A number of brokerages have recently weighed in on VII. CSFB reiterated an “outperform” rating and issued a C$12.00 price target on shares of Seven Generations Energy in a report on Tuesday, July 16th. CIBC reduced their price objective on Seven Generations Energy from C$15.00 to C$11.00 in a research report on Thursday, July 18th. TD Securities boosted their price objective on Seven Generations Energy from C$14.50 to C$15.50 and gave the company a “buy” rating in a research report on Thursday, August 1st. Eight Capital upgraded Seven Generations Energy from a “neutral” rating to a “buy” rating and boosted their price objective for the company from C$10.00 to C$13.00 in a research report on Thursday, August 1st. Finally, Canaccord Genuity restated a “buy” rating and set a C$11.00 price objective on shares of Seven Generations Energy in a research report on Wednesday, October 16th.

Shares of TSE VII opened at C$8.66 on Tuesday. Seven Generations Energy has a twelve month low of C$5.99 and a twelve month high of C$13.60. The company has a current ratio of 0.80, a quick ratio of 0.68 and a debt-to-equity ratio of 40.00. The company has a market capitalization of $2.91 billion and a price-to-earnings ratio of 4.20. The business has a 50 day simple moving average of C$8.04 and a 200-day simple moving average of C$7.68.

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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Analyst Recommendations for Seven Generations Energy (TSE:VII)

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