Royal Bank of Canada Trims Seven Generations Energy (VII) Target Price to C$15.00

Seven Generations Energy (TSE:VII) had its price objective reduced by Royal Bank of Canada from C$18.00 to C$15.00 in a research report report published on Tuesday.

A number of other equities research analysts also recently weighed in on VII. Raymond James decreased their price objective on Seven Generations Energy from C$31.00 to C$27.50 in a report on Friday, October 5th. BMO Capital Markets decreased their price objective on Seven Generations Energy from C$21.50 to C$20.00 in a report on Tuesday, October 9th. Eight Capital lifted their price objective on Seven Generations Energy from C$18.50 to C$22.50 in a report on Thursday, November 1st. CIBC decreased their price objective on Seven Generations Energy from C$22.00 to C$20.00 in a report on Thursday, November 22nd. Finally, JPMorgan Chase & Co. decreased their price objective on Seven Generations Energy from C$17.00 to C$15.00 in a report on Friday, December 7th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of C$19.65.

TSE VII opened at C$11.32 on Tuesday. The company has a debt-to-equity ratio of 42.98, a current ratio of 0.69 and a quick ratio of 0.66. Seven Generations Energy has a 1-year low of C$9.15 and a 1-year high of C$19.40.



Seven Generations Energy (TSE:VII) last released its quarterly earnings data on Wednesday, October 31st. The company reported C$0.53 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.42 by C$0.11. The company had revenue of C$809.00 million for the quarter, compared to analyst estimates of C$771.34 million. Analysts forecast that Seven Generations Energy will post 1.72000008999656 earnings per share for the current fiscal year.

In other news, Director Marty Leigh Proctor bought 5,000 shares of the business’s stock in a transaction dated Friday, November 9th. The stock was bought at an average price of C$12.61 per share, for a total transaction of C$63,050.00. Insiders bought 27,400 shares of company stock valued at $298,190 in the last quarter.

Seven Generations Energy Company Profile

Seven Generations Energy Ltd., an independent energy company, focuses on the acquisition, exploration, development, and production of condensate and natural gas properties in western Canada. The company holds interests in the Kakwa River project, a natural gas property covering 500,000 net acres located in the Kakwa area of northwest Alberta.

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Analyst Recommendations for Seven Generations Energy (TSE:VII)

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