Seven Generations Energy (TSE:VII) Given New C$11.00 Price Target at Royal Bank of Canada

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

VII has been the topic of several other reports. TD Securities raised their target price on Westshore Terminals Investment from C$20.00 to C$21.00 and gave the company a hold rating in a report on Monday, May 6th. Raymond James reiterated an average rating on shares of PPL in a report on Monday, May 6th. CIBC reiterated a hold rating and issued a $2.50 target price on shares of Advantage Oil & Gas in a research report on Thursday. National Bank Financial reduced their price objective on Yangarra Resources from C$5.50 to C$5.00 and set an outperform rating for the company in a research report on Tuesday, June 25th. Finally, BMO Capital Markets reaffirmed a hold rating and set a $9.50 target price on shares of Vicon Industries in a research note on Friday, June 14th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Seven Generations Energy presently has a consensus rating of Buy and a consensus price target of C$13.73.

Seven Generations Energy stock opened at C$6.38 on Thursday. The stock has a market cap of $2.31 billion and a P/E ratio of 5.38. The company has a current ratio of 0.69, a quick ratio of 0.65 and a debt-to-equity ratio of 43.03. Seven Generations Energy has a 12 month low of C$6.23 and a 12 month high of C$17.24. The stock has a 50-day moving average price of C$6.68.

Seven Generations Energy (TSE:VII) last announced its earnings results on Friday, May 3rd. The company reported C$0.24 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 for the quarter, compared to analysts’ expectations of C$650.25 million. Analysts expect that Seven Generations Energy will post 1.2000001 EPS for the current fiscal year.

In other Seven Generations Energy news, Director Marty Leigh Proctor acquired 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The stock was acquired at an average price of C$8.36 per share, with a total value of C$83,610.00. Following the transaction, the director now owns 237,821 shares of the company’s stock, valued at C$1,988,421.38. Insiders acquired 34,000 shares of company stock valued at $268,712 in 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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