Royal Bank Of Canada Cuts Seven Generations Energy Ltd. (VII) Price Target to C$21.00

Seven Generations Energy Ltd. (TSE:VII) had its price target cut by Royal Bank Of Canada from C$22.00 to C$21.00 in a report issued on Friday morning. They currently have an outperform rating on the stock.

Other analysts have also recently issued reports about the company. Barclays PLC reduced their price target on Seven Generations Energy from C$36.00 to C$31.00 in a report on Monday, July 24th. Eight Capital reduced their price target on Seven Generations Energy from C$22.00 to C$20.50 in a report on Friday. Scotiabank reduced their price target on Seven Generations Energy from C$27.00 to C$22.00 and set an outperform rating on the stock in a report on Friday. TD Securities reduced their price target on Seven Generations Energy from C$27.00 to C$25.00 and set a buy rating on the stock in a report on Friday. Finally, CSFB reduced their price target on Seven Generations Energy from C$28.00 to C$27.00 in a report on Friday. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of C$27.82.

Shares of Seven Generations Energy (TSE:VII) opened at C$16.80 on Friday. Seven Generations Energy has a twelve month low of C$16.06 and a twelve month high of C$32.90.

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In related news, insider Canada Pension Plan Investment bought 1,460 shares of Seven Generations Energy stock in a transaction that occurred on Friday, September 1st. The shares were acquired at an average cost of C$19.22 per share, for a total transaction of C$28,061.20. Also, Director William Mcadam bought 9,900 shares of Seven Generations Energy stock in a transaction that occurred on Monday, November 20th. The stock was bought at an average price of C$13.15 per share, for a total transaction of C$130,185.00. Insiders purchased 3,320,169 shares of company stock worth $66,948,076 over the last quarter.

About Seven Generations Energy

Seven Generations Energy Ltd. is a Canada-based natural gas developer. The Company focuses on exploration, development and production of oil and natural gas properties in western Canada. The Company focuses on the acquisition, development and value optimization of tight and shale hydrocarbon resource plays.

Analyst Recommendations for Seven Generations Energy (TSE:VII)

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