Seven Generations Energy (TSE:VII) Price Target Lowered to C$8.00 at BMO Capital Markets

Seven Generations Energy (TSE:VII) had its price target decreased by BMO Capital Markets from C$9.50 to C$8.00 in a report released on Thursday morning, BayStreet.CA reports.

VII has been the topic of a number of other reports. CSFB restated an outperform rating and issued a C$12.00 price objective on shares of Seven Generations Energy in a report on Tuesday, July 16th. GMP Securities cut their price objective on Seven Generations Energy from C$16.00 to C$13.50 in a report on Friday, June 28th. National Bank Financial cut their price objective on Seven Generations Energy from C$15.50 to C$9.50 and set an outperform rating on the stock in a report on Tuesday, June 25th. JPMorgan Chase & Co. dropped their target price on Seven Generations Energy from C$17.00 to C$16.00 in a report on Monday, May 13th. Finally, TD Securities raised their target price on Seven Generations Energy from C$14.50 to C$15.50 and gave the company a buy rating in a report on Thursday. Five equities research analysts have rated the stock with a buy rating, Seven Generations Energy has an average rating of Buy and an average target price of C$13.55.

Seven Generations Energy stock opened at C$7.46 on Thursday. The stock has a 50-day moving average price of C$6.56. The stock has a market cap of $2.63 billion and a P/E ratio of 3.61. The company has a current ratio of 0.80, a quick ratio of 0.68 and a debt-to-equity ratio of 40.00. Seven Generations Energy has a 12 month low of C$5.99 and a 12 month high of C$17.24.

Seven Generations Energy (TSE:VII) last released its quarterly earnings data on Wednesday, July 31st. The company reported C$0.27 EPS for the quarter, missing analysts’ consensus estimates of C$0.29 by C($0.02). The firm had revenue of C$727.50 million during the quarter, compared to the consensus estimate of C$707.06 million. Analysts expect that Seven Generations Energy will post 1.05 EPS for the current fiscal year.

In related news, Director Marty Leigh Proctor bought 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The shares were acquired at an average cost of C$8.36 per share, for a total transaction of C$83,610.00. Following the acquisition, the director now owns 237,821 shares in the company, valued at approximately C$1,988,421.38. Over the last quarter, insiders have purchased 22,000 shares of company stock worth $160,460.

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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