Stock Analysis:Seven Generations Energy Ltd (TSE:VII) Stock Target Upgraded
In analysts note distributed to Clients by BMO Capital Markets on 26 November, Seven Generations Energy Ltd (TSE:VII) had its target price per share lifted to $18.00. The firm now has a solid Outperform rating on shares.
From a total of 5 analysts covering Seven Generations (TSE:VII) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 80% of the ratings are positive. The highest target price is $25 while the lowest target price is $15. The mean of all analyst targets is $19.78 with a 30.91% above today’s ($15.11) stock price. Seven Generations was the topic of 11 analyst reports since August 11, 2015 according to the firm StockzIntelligence Inc. National Bank Canada initiated shares on November 24 with “Outperform” rating.
Approximately 70,250 shares of stock traded hands. Seven Generations Energy Ltd (TSE:VII) has declined 26.53% since April 23, 2015 and is downtrending. It has underperformed by 25.17% the S&P500.
Analysts await Vicon Industries, Inc. (NYSEMKT:VII) to reports earnings on December, 9.
Seven Generations Energy Ltd. is a Canada company, which focuses on the acquisition, development and value optimization of high quality tight and shale hydrocarbon plays. The company has a market cap of $3.80 billion. The Firm operates the Kakwa River Project, which is a natural gas property located in the Kakwa area of northwest Alberta . It currently has negative earnings.
According to Zacks Investment Research, “Vicon Industries, Inc. designs, manufactures, assembles and markets a wide range of closed circuit video systems and system components used for security, surveillance, safety and control purposes by a broad group of end users. A closed circuit video systems system is a private video system that can transmit and receive video, audio and data signals in accordance with the operational needs of the user. The company’s focus is the design of software-based engineered closed circuit video systems and components that it sells worldwide.” Get a free copy of the Zacks research report on Seven Generations Energy Ltd (VII)