Scotia Capital disclosed Seven Generations Energy Ltd (TSE:VII), boosting its price target to $36.00 earlier today
- Updated: October 7, 2016
Indicating a possible upside of 0.14%, Scotia Capital increased the target of Seven Generations Energy Ltd (TSE:VII) to $36.00
Previously on 09/20/2016, Raymond James reported about Seven Generations Energy Ltd (TSE:VII) raised the target price from $37.00 to $39.50. At the time, this indicated a possible upside of 0.28%.
Yesterday Seven Generations Energy Ltd (TSE:VII) traded 1.28% higher at $31.56. The company’s 50-day moving average is $30.51 and its 200-day moving average is $26.12. The last stock close price is up 21.13% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 236,812 shares of the stock were exchanged, down from an average trading volume of 911,378
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Seven Generations Energy Ltd has a 52 week low of $11.84 and a 52 week high of $32.18 The company’s market cap is currently $0.
In addition to Scotia Capital reporting its target price, a total of 17 firms have issued a report on the stock. The consensus target price is $25.93 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Seven Generations Energy Ltd (TSE:VII)
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 high quality tight and shale hydrocarbon plays. The Company operates the Kakwa River Project, which is a natural gas property covering over 431,200 net acres located in the Kakwa area of northwest Alberta with approximately 416,160 net acres in the Montney. Its Kakwa River Project is located at approximately 100 kilometers south of its operations in Grande Prairie, Alberta. The Company's subsidiary is Seven Generations Energy (US) Corp.
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