Seven Generations Energy Ltd (OTCMKTS:SVRGF) Receives $5.70 Consensus Price Target from Analysts

Seven Generations Energy Ltd (OTCMKTS:SVRGF) has been given an average rating of “Buy” by the eight research firms that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $5.70.

SVRGF has been the topic of several analyst reports. Royal Bank of Canada lifted their target price on shares of Seven Generations Energy from $4.00 to $5.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Scotiabank lifted their target price on shares of Seven Generations Energy from $3.25 to $7.00 and gave the stock an “outperform” rating in a research report on Monday, June 15th. CIBC raised their price target on shares of Seven Generations Energy from $4.75 to $5.50 and gave the stock an “outperform” rating in a report on Thursday, July 30th. BMO Capital Markets raised their price target on shares of Seven Generations Energy from $4.50 to $5.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Finally, Stifel Nicolaus raised their price target on shares of Seven Generations Energy from $4.75 to $6.00 and gave the stock a “buy” rating in a report on Thursday, July 30th.

Seven Generations Energy stock opened at $2.85 on Monday. The firm’s 50 day simple moving average is $3.07 and its 200-day simple moving average is $2.41. Seven Generations Energy has a fifty-two week low of $0.79 and a fifty-two week high of $7.00.

About Seven Generations Energy

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.

Read More: How to track put option volume

Analyst Recommendations for Seven Generations Energy (OTCMKTS:SVRGF)

Receive News & Ratings for Seven Generations Energy Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Seven Generations Energy and related companies with MarketBeat.com’s FREE daily email newsletter.